Section 18: Invoices

18. Invoices.—(1) A person registered under this Act shall issue for each transaction a serially numbered invoice at the time of clearance or sale of goods, including goods chargeable to duty at the rate of zero per cent, or providing or rendering services containing the following particulars, namely:– a. name, address and registration number of the seller; b. name, address and registration number of the buyer; c. date of issue of the invoice; d. description and quantity of goods or as the case may be, description of services; e. value exclusive of excise duty; f. amount of excise duty; and g. value inclusive of excise duty. (2) Notwithstanding sub-section (1), where a registered person is also engaged in making supplies taxable under the Sales Tax Act, 1990, such person shall not be required to issue a separate invoice for excise purposes and the amount of excise duty and other related information may in such cases be mentioned on the invoice issued for sales tax purposes. (3) The Board may, by notification in the official Gazette, specify such modified invoices for different persons or classes of persons as it may deem necessary. (4) The Board may, by notification in the official Gazette, specify goods in respect of which a copy of the invoice shall be carried or accompanied with the conveyance during their transportation or movement in such manner and subject to such conditions as may be specified in this behalf either in such notification or otherwise. 1[(5) The Board may, by notification in the official Gazette, specify the goods or services in respect of which sales invoice shall be issued electronically and prescribe the manner and procedure therein.]

Effective date: 2005-07-01

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