Invoice Format

Definition of an Invoice

It is a document created at the time of sale that a seller sends to a buyer to outline the details of the sale. It usually adheres to a predefined template.

An invoice, being a legal document has to be handled in a certain way like-

1. You must not delete or edit an invoice that has already been sent to a customer.

2. You need to be careful that all your invoices are numbered incomplete, in sequential order.

Format of the Invoice

There are two types of format -

1. Tax on total - In this, tax is levied on the total amount.

2. Tax on each quantity - In this, a tax is levied on each quantity.

Content of invoice

1. Invoice Number

2. Invoice Date

3. Business Details

4. Customer Details

5. Item name

6. HSN/SAC Code

7. Item Quantity

8. Rate

9. Amount

10. Terms & Conditions

11. Authorized Signature

12. Grand Total

Example links of invoice 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.india

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.

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