Billing and Indian GST
GSTIN, CGST and SGST or IGST by place of supply, HSN and SAC codes, and what Billing does not do.
With India as your country, a GSTIN and your state code, invoices are tax invoices under CGST Rule 46.
- Choose the place of supply on each invoice. In your own state, tax is split into CGST and SGST (UTGST in union territories); for another state it is IGST. Billing works it out.
- Each line needs its HSN or SAC code. Add it to the item in your catalogue and it fills itself in.
- Numbers are at most 16 characters and start again each financial year, from 1 April (INV/26-27/1, say).
- Exports under LUT print *Supply meant for export under LUT without payment of IGST*.
Billing does not make GST e-invoices (IRN and QR from the invoice registration portal). If your turnover is above the e-invoicing limit, issue your business invoices through an e-invoicing service as well.
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