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Tax Invoice for ISD in GST

Tax Invoice for ISD in GST

Rules for invoice are issues by the government. An ISD is required to distribute the credit to its branches in different states.A Tax Invoice for ISD or, as the case may be, an ISD credit note issued by an Input Service Distributor shall contain the following details:-
(a) name, address and GSTIN of the Input Service Distributor;
(b) a consecutive serial number containing alphabets or numerals or special characters hyphen or dash and slash symbolised as , “-”, “/”, respectively, and any combination thereof, unique for a financial year;
(c) date of its issue;
(d) name, address and GSTIN of the recipient to whom the credit is distributed;
(e) amount of the credit distributed; and
(f) signature or digital signature of the Input Service Distributor or his authorized representative:

Thus you are required to mentioned the above information in ISD invoice.
Provided that where the Input Service Distributor is an office of a banking company or a financial institution, including a non-banking financial company, a tax invoice shall include

-any document in lieu thereof, by whatever name called,

-whether or not serially numbered

-but containing the information as prescribed above.

Thus for a banking and financial institution these information is also required.

 

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