The GST law has defined the time limit for issue of GST tax invoices, revised bills, debit notes and credit note. The following are the due dates for issuing an invoice to customers:
- Supply of Goods (normal case) - On or before the date of removal/ delivery
- Supply of Goods (Continuous Supply) - On or before the date of issue of account statement/ payment
- Supply of Services (normal case) - within 30 days of supply of services
- Supply of Services (Banks & NBFCs) - within 45 days of supply of services