What is a Revised Invoice Under Goods and Services Tax?

When conducting business, it's not uncommon for an invoice to be issued by mistake under the Goods and Services Tax (GST), or for a few invoices to require revisions.

When conducting business, it’s not uncommon for an invoice to be issued by mistake under the Goods and Services Tax (GST), or for a few invoices to require revisions. The invoices must be corrected and reported in the monthly returns in such circumstances. The procedure is known as invoice correction.

Rectification of tax bills can take numerous forms, with the final outcome being either a corrected or supplemental invoice. A change in the GST rate, for example, might result in an upward or downward adjustment in the pricing of products or services.

A credit note can be used to make a downward adjustment, whereas a supplemental invoice or debit note can be used to make an upward modification. A credit note and debit note is a type of revised invoice. Basically, a ‘revised invoice’ is issued when a registered person is required to produce an invoice for supplies made prior to acquiring registration. If you are looking for a UPI QR code generator, click here to know more.

When to issue a revised invoice under GST?

All taxable retailers will be required to apply for provisional registration and complete all necessary paperwork in order to receive a permanent registration certificate under GST. Following receipt of the GST registration certificate, the taxpayer must produce amended invoices for all invoices issued throughout the period of the registration.

  1. GST goes into effect on this date.
  2. The date on which the registration certificate was issued

The amended invoice must be issued within one month after the registration certificate’s issuance date.

How to revise GST invoices?

The registered person would be required to issue a corrected invoice for all invoices issued during the above-mentioned timeframe. The taxpayer should include the original invoice’s data in a new invoice that follows the format outlined below.

Format of a GST revised invoice

The GST legislation requires that the following information be provided in an amended invoice:

  • The nature of the invoice is clearly stated, such as “Revised Invoice” or “Supplementary Invoice.”
  • The supplier’s name, address, and GSTIN.
  • The invoice’s alpha-numeric serial number, which is unique to the financial year.
  • The date of the invoice.
  • The recipient’s name, address, and GSTIN (if applicable).
  • Name, address of the delivery location, as well as state and zip code (if the recipient is an unregistered person).
  • The serial number and date of the original invoice against which the revised/supplementary invoice is being produced.
  • The supplier’s or authorized person’s signature or digital signature.

In the end, such taxable registered person would be obliged to provide an “updated” invoice for all bills made between the day GST becomes effective and the date they get their formal GST ID number. This invoice must comply with GST regulations and be issued within one month of receiving the original registration certificate. The fact that a registered taxable person cannot submit a revised invoice after receiving a registration certificate is self-evident.


Fawad Malik

Fawad Malik Technology geek by heart, blogger by passion, and founder of nogentech dot org. He is an expert in enlightening the latest technology reviews and news to the world and community built around the Nogentech.
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