Bill Format
Here you will learn about Bill, Bill Format and its content.
Definition of Bill
If the customer owes some amount, a bill is a document that outlines that amount that is owed by the consumer for goods and services provided and received.
The bill is intended to serve as legal evidence for both the buyer and seller that the sale transaction took place.
Format of the Bill
There are two types of format -
Tax on total - In this, tax is levied on the total amount.
Tax on each quantity - In this, a tax is levied on each item.
Content of Bill
Invoice Number
Invoice Date
Business Details
Customer Details
Description
HSN/SAC Code
Item Quantity
Rate
Discount on each item
Terms & Conditions
Grand Total
Authorized Signature
Example links of Bill format are given below -
Drive link -https://bit.ly/3DAGIs3
Download OneGST Application from the given link -
Play store link -https://play.google.com/store/apps/details?id=com.onegst
Disclaimer: This article is intended for general consumption only. The information in the article was accurate at the time of publication, but it is subject to change due to changes in government rules and regulations. The contents of the blog may not be copied unless prior permission is obtained.
Our GST guidebook and experts will help you with all your Goods and Services Tax Queries. Please contact us on +91 8955002477 to know more.
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