On every sale, an invoice is issued.

Invoice is a document listing goods, price, tax charged and other details as may be prescribed.


As per White paper,

  • Every registered dealer whose turnover exceeds a specified amount has to issue an invoice
  • Such invoice should be serially numbered
  • It should have prescribed particulars
  • It should be signed by dealer or his permanent employee
  • Counterfoil of invoice should be duly kept in records, signed and dated
  1. Indirect Tax
  2. Vat

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 11 years. He also provides Accounts Tax GST Training in Delhi and Pune.