Rule 48 of CGST Rules 2017: Manner of Issuing Tax Invoice

Rule 48 of ‘Central Goods and Services Tax (CGST) Rules 2017’: Manner of Issuing Tax Invoice

Provisions under Rule 48 of the Central Goods and Services Tax (CGST) Rules, 2017 relating to “Manner of Issuing Tax Invoice”, as per CGST (2nd Amendment) Rules 2017 notified by CBEC on 28 June 2017, applicable w.e.f. 1 July 2017, are as under:

CGST Rule 48: Manner of Issuing Invoice (Chapter-VI: Tax Invoice, Credit and Debit Notes)

(1) The invoice shall be prepared in triplicate, in the case of supply of goods, in the following manner, namely,-

(a) the original copy being marked as ORIGINAL FOR RECIPIENT;

(b) the duplicate copy being marked as DUPLICATE FOR TRANSPORTER; and

(c) the triplicate copy being marked as TRIPLICATE FOR SUPPLIER.

(2) The invoice shall be prepared in duplicate, in the case of the supply of services, in the following manner, namely,-

(a) the original copy being marked as ORIGINAL FOR RECIPIENT; and

(b) the duplicate copy being marked as DUPLICATE FOR SUPPLIER.

(3) The serial number of invoices issued during a tax period shall be furnished electronically through the common portal in FORM GSTR-1

Related Posts:

CGST (2nd Amendment) Rules, 2017: CGST Notification No. 10/2017

CGST (Amendment) Rules 2017: CGST Notification No. 7/2017

CGST Rules 2017: CGST Notification No. 3/2017 dt. 19 June 2017  

One Response

  1. Vertul Bhardwaj Oct 23, 2017

Leave a Reply