Understanding GST Invoices in India

If you are a registered business or freelancer in India with a turnover exceeding the threshold, issuing a GST-compliant invoice is mandatory. It ensures that your clients can claim Input Tax Credit (ITC) and keeps you compliant with tax laws.

Mandatory Fields for a GST Invoice

• GSTIN: Your Goods and Services Tax Identification Number.
• Customer's GSTIN: If the client is also registered (B2B).
• HSN/SAC Code: Harmonized System of Nomenclature (Goods) or Service Accounting Code (Services).
• Tax Cleanup: Clear separation of CGST, SGST, or IGST based on the location of supply.
• Place of Supply: The state where the service is consumed.

CGST, SGST, and IGST Explained

Intra-State (Same State): Charge CGST + SGST (e.g., 9% + 9% for 18% slab). Inter-State (Different State): Charge IGST (e.g., 18%).

invoicemicro's GST Invoice Template automatically handles these calculations for you.