Essential Documents Required for GST Filing in India

Posted In | Finance | Accounting Software | E Commerce Companies

Goods and Services Tax (GST) has brought about a significant change in the taxation system in India. However, to facilitate the smooth operation of this system, it is crucial to have all the necessary documents in place for GST filing. Here, we will provide a comprehensive list of essential documents required for GST filing in India.
 

Sales Invoices

One of the most important documents required for GST filing is the sales invoice. The sales invoice should include details like GSTIN, name, address, the serial number of the invoice, date of issue, description of goods or services, value of goods or services, the amount of tax charged, and signature of the supplier.
 

Purchase Invoices

Purchase invoices are equally important for GST filing. They should include similar details like the sales invoices, including the GSTIN, name, address, the serial number of the invoice, date of issue, description of goods or services, value of goods or services, the amount of tax charged, and signature of the supplier.
 

Debit and Credit Notes

Debit and credit notes are often issued in case of any return of goods or change in the value of goods or services. These notes have to be maintained with precise details and should include the original invoice number, the revised amount of goods or services, and the differential amount of tax payable or refundable.
 

Bills of Supply

Bills of supply are issued in case a registered person is selling exempted goods or services, or if the person has opted for composition levy. These documents should include details like name, address, GSTIN, description of goods or services, the value of goods or services, and signature of the supplier.
 

Advance Receipt Vouchers

Advance receipt vouchers are necessary if a registered person has received an advance payment for the supply of goods or services. These vouchers should include details like the name and address of the supplier, GSTIN, address of the recipient, description of goods or services, the value of goods or services, and tax payable on such goods or services.
 

Delivery Challans

Delivery challans are required in case goods are transported for reasons other than by way of supply. The challan should contain details like name, address, GSTIN, a description of goods, and the purpose of transportation.
 

It's essential to keep these documents handy while filing GST in India to ensure a smooth and hassle-free process. These documents provide a comprehensive record of all transactions related to goods and services and ensure transparency and accountability in the GST system.