Tax Invoice, Credit & Debit Notes | CA Inter GST Revision | Jan 27 | CA Karan Satija

Tax Invoice, Credit & Debit Notes - complete revision for CA Inter GST (Jan 2027 attempt) by CA Karan Satija. In this video we revise tax invoice provisions under Section 31, time limits for goods and services, continuous supply, sale on approval, contents of invoice under Rule 46, HSN requirements, e-invoicing, bill of supply, receipt, refund and payment vouchers, and credit and debit notes under Section 34. 📌 TOPICS COVERED IN THIS VIDEO (17 topics) 1. Tax Invoice Provisions [Section 31] - Mandate for Goods (Sec 31(1)) vs Services (Sec 31(2)) 2. Time limit for issuing Tax Invoice for Goods (Removal vs Delivery) 3. Time limit for issuing Tax Invoice for Services (30 days / 45 days for Banks/Financial Institutions/NBFCs) 4. Continuous Supply of Goods [Sec 31(4)] & Continuous Supply of Services [Sec 31(5)] 5. Goods Sent on Approval / Sale or Return Basis [Section 31(7)] - Invoice within 6 months or before supply 6. Contents of Tax Invoice [Rule 46] - 16 Mandatory Particulars 7. HSN Code Requirements on Invoice [Rule 46 Proviso] - 4 Digits (Turnover up to Rs. 5 Cr) vs 6 Digits (Turnover above Rs. 5 Cr) 8. Proviso to Rule 46(f) - Invoice particulars for unregistered recipients in Online Money Gaming, ECO, OIDAR 9. Manner of Issuing Invoice [Rule 48] - Triplicate for Goods, Duplicate for Services 10. E-Invoicing System [Rule 48(4)] - E-Invoice Schema (Form GST INV-01), IRN Generation, QR Code 11. Applicability Threshold for E-Invoicing (Turnover above Rs. 5 Crores) & Exempt Entities (SEZ, Insurers, Banks, GTA, Cinema) 12. Bill of Supply [Section 31(3)(c) & Rule 49] - For Composition Taxpayers & Exempt Supplies 13. Invoice-cum-Bill of Supply - Single document for taxable + exempt supplies to unregistered person 14. Vouchers under GST: Receipt Voucher [Sec 31(3)(d)], Refund Voucher [Sec 31(3)(e)], Payment Voucher [Sec 31(3)(f)] 15. Credit Notes [Section 34(1)] - Reasons for issue (Excess taxable value/tax charged, Goods returned, Deficiency in service) 16. Time limit for issuing Credit Note - 30th November following end of FY or filing of Annual Return 17. Debit Notes [Section 34(3)] - Reasons for issue (Taxable value or tax charged is short) & Tax liability impact 🎯 WHO SHOULD WATCH CA Inter students appearing in the January 2027 attempt who want a fast, exam-focused revision of Tax Invoice, Credit & Debit Notes for Paper 3: Taxation (Section B - GST). 📚 CA INTER GST REVISION SERIES - JAN 2027 Chapter-wise GST revision in 15 videos: Introduction to GST | Supply | Charge (RCM & Composition) | Place of Supply | Exemptions | Time of Supply | Value of Supply | Input Tax Credit | Registration | Tax Invoice, Credit & Debit Notes | Accounts & Records | E-Way Bill | Payment of Tax & TDS | ECO & TCS | Returns 🔔 SUBSCRIBE for the complete series: 👍 Like the video, share it with your CA Inter study group and comment your doubts below. Note: Always read this along with the latest ICAI study material and the amendments applicable to your attempt. Contact Us: ☎ 𝐒𝐚𝐥𝐞𝐬: | | | | | Follow Us On: ✅ Instagram: ✅ Telegram: