Schedule- V TaxInvoices, Credit Notes and Debit Notes

 
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Sl No.  Description 
1  A tax invoice as required under this Act shall, unless the Commissioner provides otherwise, contain the following particulars: 
  (a) the words " tax invoice" written in a prominent place; 
  (b) the commercial name, address, place of business, and the taxpayer identification number of the taxable person making the supply; 
  (c) the commercial name, address, place of business, and the taxpayer identification number of the recipient of the taxable supply; 
  (d) the individualized serial number and the date on which the tax invoice is issued; 
  (e) a description of the goods or services supplied and the date on which the supply is made; 
  (f) the quantity or volume and the unit price of the goods supplied; and 
  (g) the rate and total amount of the tax charged, the consideration for the supply exclusive of tax and the consideration inclusive of tax. 
2.  A credit note as required under this Act shall, unless the Commissioner provides otherwise, contain the following particulars: 
  (a) the words " credit note " in a prominent place; 
  (b) the commercial name, address, place of business, and the taxpayer identification number of the taxable person making the supply; 
  (c) the commercial name, address, place of business, and the taxpayer identification number of the recipient of the taxable supply; 
  (d) the date on which the credit note was issued; 
  (e) the taxable value of the supply shown on the tax invoice, the correct amount of the taxable value of the supply, the difference between those two amounts, and the tax charged that relates to that difference; 
  (f) a brief explanation of the circumstances giving rise to the issuing of the credit note; and 
  (g) information sufficient to identify the taxable supply to which the credit note relates. 
3  A debit note as required under this Act shall, unless the Commissioner provides otherwise, contain the following particulars: 
  (a) the words " debit note " in a prominent place; 
  (b) the commercial name, address, place of business, and the taxpayer identification number of the taxable person making the supply; 
  (c) the commercial name, address, place of business, and the taxpayer identification number of the recipient of the taxable supply; 
  (d) the date on which the debit note was issued; 
  (e) the taxable value of the supply shown on the tax invoice, the correct amount of the taxable value of the supply, the difference
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