GST Tax invoice of Banks and financial institutions
Provided that where the Input Service Distributor is an office of a banking company or a financial institution including a non-banking financial company, a tax invoice shall include any document in lieu thereof, by whatever name called, whether or not serially numbered but containing the information as prescribed below:
As per GST Law, a tax invoice issued by an Input Service Distributor shall contain the following details: -
(a) name, address and GSTIN of the Input Service Distributor;
(b) a consecutive serial number containing only alphabets and/or numerals, unique
for a financial year;
(c) date of its issue;
(d) name, address and GSTIN of the supplier of services, the credit in respect of
which is being distributed and the serial number and date of invoice issued by such
(e) name, address and GSTIN of the recipient to whom the credit is distributed;
(f) amount of the credit distributed; and
(g) signature or digital signature of the supplier or his authorized representative:
The GST Law also states:
“Where the supplier of taxable service is a banking company or a financial institution including a non-banking financial company, the said supplier shall issue a tax invoice or any other document in lieu thereof, by whatever name called, whether or not serially numbered, and whether or not containing the address of the recipient of taxable service but containing other information as prescribed under rule 1.”
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