The IRN (Invoice reference number) has to be obtained for Tax invoices by the registered persons whose aggregate turnover in any preceding financial year from 2017-18 is exceeding Rs. 2 crores, except for the persons whose details has been mentioned below.
The below mentioned notification has been changed time and again to make it suitable for the wide coverage of registered persons and its implementation date has also been changed many times now the below mentioned changes has been made and its implementation date has been made 1st day of April 2022.
| Notification no. 70/2019, dt 13.12.2019 | Notification no. 13/2020-CT, dt 21.03.2020 | Notification no. 1/2022-CT, dt. 24.02.2022 |
| Suppressed by Notification no. 13/2020-CT | Amended by Notification no. 1/2022-CT | |
| The registered person, whose aggregate turnover in a financial year exceeds one hundred crore rupees, as a class of registered person who shall prepare invoice in terms of sub-rule (4) of rule 48 of the said rules in respect of supply of or services or both to a registered person.
This notification shall come into force from the 1st day of April, 2020. |
Registered person, other than a government department, a local authority, a Special Economic Zone unit and those referred to in sub-rules (2), (3), (4) and (4A) of rule 54 of the said rules, whose aggregate turnover in any preceding financial year from 2017-18 onwards exceeds fifty crore rupees, as a class of registered person who shall prepare invoice and other prescribed documents, in terms of sub-rule (4) of rule 48 of the said rules in respect of supply of goods or services or both to a registered person or for Exports.
This notification shall come into force from the 1st October, 2020. |
For the words “fifty crore rupees”, the words “twenty crore rupees shall be substituted
This notification shall come into force from the 1st day of April, 2022, |
Exclusion of Registered persons mentioned in Rule 54 sub rule (2), (3), (4) and (4A) are as under.
- Sub (2) provides that – Where the supplier of taxable service is an insurer or a banking company or a financial institution, including a non-banking financial company, the said supplier may issue a consolidated tax invoice or any other document in lieu thereof.
- Sub rule (3) provides that – Where the supplier of taxable service is a goods transport agency supplying services in relation to transportation of goods by road in a goods carriage, the said supplier shall issue a tax invoice or any other document in lieu thereof.
- Sub rule (4) provides that where the supplier of taxable service is supplying passenger transportation service, a tax invoice shall include ticket in any form, by whatever name called, whether or not serially numbered, and whether or not containing the address of the recipient of service but containing other information as mentioned under rule 46:
- Sub rule (4A) provides that a registered person supplying services by way of admission to exhibition of cinematograph films in multiplex screens shall be required to issue an electronic ticket and the said electronic ticket shall be deemed to be a tax invoice for all purposes of the Act, even if such ticket does not contain the details of the recipient of service but contains the other information as mentioned under rule 46:
Rule 48(4)
The invoice shall be prepared by such class of registered persons as may be notified by the Government, on the recommendations of the Council, by including such particulars contained in FORM GST INV-01 after obtaining an Invoice Reference Number by uploading information contained therein on the Common Goods and Services Tax Electronic Portal in such manner and subject to such conditions and restrictions as may be specified in the notification.
FoForm INV – 01
https://taxinformation.cbic.gov.in/content-page/explore-forms
