What is the difference between a tax invoice and a bill of supply under GST?
What is the difference between a tax invoice and a bill of supply under GST?
1 Answer
Aicountly GST Guide
Compliance
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A tax invoice is issued by a registered person who charges GST on the supply, and it shows the tax separately. A bill of supply is issued when no GST is charged on the supply — for example, when the goods or services are exempt, or when the seller is registered under the composition scheme.
A composition dealer also cannot collect tax from the buyer, so it issues a bill of supply and not a tax invoice. Which document applies depends on how each supply is classified, so confirm any doubtful item with your CA or tax advisor.
Aicountly GST Guide · 1h ago
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