B2B GST Invoice

GST Invoice on all your B2B Purchases

 

 

Purchase products with GST Invoice and save up to 28% more on your bill with input tax credit.

Buy for all your B2B purchase needs

Buy from India’s largest selection of products with GST invoice. Make all your B2B purchase of office supplies, IT Products, cleaning supplies and more from one place to save time and effort. Choose from competitive prices offered by lakhs of sellers and save more. Make all your purchases compliant with GST invoices.

 Step 1: Identifying GST Invoice Filter

Step 1: Identifying GST Invoice Filter

While searching, always use the GST Invoice filter to see items that have GST compliant invoice.

Step 2: Checking Discounts on GST

Step 2: Checking Discounts on GST

Compare GST incl. and excl. prices to calculate overall savings with GST input tax credit.

Step 3: GST Invoice Badge

Step 3: GST Invoice Badge

Look for GST Invoice badge on the product detail page to make sure the product comes with a GST compliant invoice.

 

 Step 4: Checking GST Compliant Products

Step 4: Checking GST Compliant Products

Few products on which GST invoice is not available will have the message (GST credit not available) on the detail page. This will help you make your decision on buying GST compliant products only.

Foster greater compliance on all your B2B purchase needs through GST compliant invoice

Decentralize your B2B purchase process, by letting your colleagues buy directly on Amazon Business' wholesale online store. Set policies to restrict the purchase of products without a GST invoice.

  • Guided Buying

    Guide your colleagues in making the right buying decisions. Enable Guided Buying in your account to set warning on products that do not come with a GST Invoice.

    Learn more
  • Configure approval workflows

    Account admin can set exceptional Approval Workflows so that GST compliance can be reviewed by them for all B2B purchases.

    Learn more

“The GST-compatibility feature was one that was the most impressive. The GST filter also allowed us to connect with only registered GST vendors leading to seamless business transactions with vendors.”

— Pooja Chaudhari, Executive Director, Concept PR

Have questions?

Get GST Invoice on All Your B2B Purchase Online

Buy products with the GST invoice and save up to 28% more on all your B2B purchases. Filter the products according to GST Invoice and save on Bulk Purchases.

 

What is GST Invoice?

After the central government introduced the GST (Goods and Service Tax), businesses were required to register for the same. Any GST registered businesses are bound to issue a GST Tax Invoice to its customers after selling any item or goods to them.

For business-to-business sales, the customers holding GST registration can benefit from the B2B GST invoices. On Amazon Business, all the sellers are GST registered and the customers are assured of receiving GST bill after making a purchase.

 

Information for GST Invoice

To raise a B2B GST invoice bill, the business must furnish a few details under some mandatory fields. Here is a list of information –

  • Tax invoice number up to 16 characters
  • Issuing a B2B GST Invoice
  1. On Goods (Normal)          
  2. On Goods (Continuous Supply)     
  3. On Services          
  4. On Bank and NBFC Service             

 

  • If the buyer (recipient) is registered then the name, address and GSTIN of the recipient
  • If the recipient is not registered and the value is more than Rs.50,000* then the invoice should carry:   
  1. Name and address of the recipient            
  2. Address of delivery           
  3. State name and state code**
  • HSN code of goods or service accounting code for services          
  • Description of the goods/services           
  • Quantity of goods (number) and unit in UQC      
  • Total value of supply of goods/services
  • Taxable value of supply after adjusting any discount       
  • Applicable rate of GST   
  • Amount of tax  
  • Place of supply and name of destination state for inter-state sales             
  • Delivery address if it is different from the place of supply            
  • Whether GST is payable on reverse charge basis
  • Signature of the supplier or his authorized representative           
  • Endorsement on Invoice under GST for exports

 

All businesses and enterprises eligible under GST filing have to follow this format while raising a B2B GST invoice bill.

 

Sl. No.

Description

Nature

Total

Mandatory

Optional

1

Basic Detail

Mandatory

8

6

2

2

Invoice Period

Optional

2

2

0

3

Order and Sales References

Optional

 

 

 

3.1

Preceding Document References

Optional

3

2

1

3.2

Receipt/ Contract References

Optional

8

0

8

4

Supplier information

Mandatory

10

6

4

5

Buyer Information

Mandatory

12

6

6

6

Payee Information

Optional

9

0

9

 

Reasons for Not Issuing a Tax Invoice

Every GST registered business is obligated to issue a b2b GST invoice. However, there are certain situations where the business may abstain from issuing a GST invoice –

  • The recipient does not want or require a b2b GST invoice
  • The recipient is not a GST registered business or person

However, it is recommended to create an invoice for seamless self-audits.

 

Raising Copies of Invoice

GST rules mandate businesses to keep copies of all their B2B GST invoices. You need to produce two and three copies of invoices depending upon the scenario or type of transactions.

For supply of goods, businesses need to produce B2B GST invoices in triplicates. Each of the copies will clearly mark the followings –

  • Original Copy for the use of the recipient
  • Duplicate Copy for the use of the transporter
  • Triplicate Copy for the use of the supplier

For supply of services, businesses must prepare B2B GST invoices in duplicates. Each of the copies will clearly mark the followings –

  • Original Copy for the use of the recipient
  • Duplicate Copy for the use of the supplier

 

What are the different types of GST invoices?

There are several types of invoices under GST for services and supply of goods. Here is a list of all of them –

  • Tax Invoice
  • Bill of Supply
  • Receipt Voucher
  • Refund Voucher
  • Debit Note
  • Credit Note
  • ISD Invoice
  • Delivery Challan

 

Features of GST Invoice

When a GST registered business issues a b2b GST invoice, it mentions all the details of the transactions. A GST bill includes the following information.

  • Name of the product
  • Product description
  • Quantity of items/ goods/ services sold
  • Details of the seller and the buyer
  • Terms of sale
  • Date of transaction
  • Price of the items/ services
  • Any discount

The GST amount is divided into two parts – CGST and SGST. The CGST is paid to the central government while the SGST is paid to the respective state government.

 

Identifying GST Invoice Compliant Product

While shopping on Amazon Business, use the GST invoice filter to find goods that have GST complaint invoice. Products that have GST compliant invoice shall have a GST Invoice badge. Buyers should also compare the pricing tallying the price including and excluding GST. By this comparison, one can calculate the discount on GST.

 

Managing GST Invoices at Amazon Business

When you use the GST Compliant filter, you only see the products that issue GST bills. You can use this feature across all the categories of products on Amazon Business. Moreover, we have compliance tools that will help you manage your orders.

With the help of the Compliance Tools, you can track your spending, manage your b2b GST bills, empower your team to place order on your behalf, etc. Further, you can enable policies that restrict products that come without GST invoice.

 

GST policies at Amazon Business

Amazon Business, being the largest ecommerce platform in the world, lists premium quality-products from renowned brands. Sellers that list their products on Amazon Business are GST registered and issues GST bill to their customers.

To help buyers find the best products that come with GST compliant invoices, Amazon Business has employed some filters. GST Invoice filter, GST Invoice Badge are some of the tools that help users to spot the right products across all the categories.

 

Benefits of GST Invoice at Amazon Business

Buying GST compliant products from Amazon Business has their own set of benefits. GST registered buyers can avail 28% discount on GST Input Tax Credit. It is worth mentioning that you may benefit from Input Tax Credit without GST registration. All you need is a business PAN.

You may consider reading our blog to know how to take advantage of GST Input Tax Credit.

 

To Conclude

You can read more to find the advantages and disadvantages of GST, but there is no denying that GST is a significant reformation in Indian taxation. It unified the indirect taxes and eliminated the cascading effect of tax.

 

Here are some essential links to further information –

 

Explore our Buying Guides

 

Also Explore

 

Related Blogs

 

 

FAQs

  • Purchasing any GST-compliant product from Amazon Business will get you the B2B GST invoices or GST e-invoice from the seller.

  • Yes. A B2B GST invoice can be rectified if the issuer makes any mistake in the invoice. For a downward rectification, the issuer needs to use a credit note. For upward rectification, on the other hand, the issuer needs to use a debit note.

  • When a business issues or raises an invoice against a sale of goods or services, it’s called a B2B invoice.

  • Any individual, a company, or business body generating money in India needs to have a PAN or Permanent Account Number. When you get a PAN card in favor of your company or business, that is called a business PAN or B2B PAN.

  • Yes, the GST invoice can be canceled. In case a buyer returns the product, cancels the order, or a wrong GST bill has been raised, the issuer of the GST bill can cancel the invoice.

  • Once you make your B2B purchase from Amazon Business, you can download the B2B GST invoice from your account.

     

  • A credit note is issued by the seller or supplier of goods/ services if they raised an invoice charging the customer more than the actual amount. After a credit note is issued, the customer may not need to pay the full amount mentioned in the invoice. It is primarily a corrigendum for any mistakes in billing made by the seller.

    On the other hand, a GST invoice is raised by the supplier for a successful transaction of goods or services. The recipient of the service or goods shall pay the entire amount if the amount is correct.

     

  • According to the GST guidelines, it is mandatory to maintain invoice serial numbers for the entire financial year.

     

  • Yes. You can digitally sign GST invoices using DSC, but ensure that the digital signature is affixed as per the IT Act, 2000.

  • If a registered person purchases goods from an unregistered person, the former must submit GST. The registered buyer needs to issue a self-invoice for the purchases made.

  • An unregistered person cannot issue a bill of supply. Because of the reverse charge mechanism, registered businesses purchasing supplies from unregistered businesses need to pay the GST for the latter.

  • If the supply is worth less than INR 200, one may avoid issuing a GST invoice.

     

  • A GST invoice needs to follow a prescribed format without which the invoice may not be considered complete and can be deemed illegal.

  • If the supply is worth less than INR 200, one may avoid issuing a GST invoice.

  • For the supply of goods, businesses need to produce invoices in triplicates. Each of the copies will clearly mark the followings –

    • Original Copy for the use of the recipient
    • Duplicate Copy for the use of the transporter
    • Triplicate Copy for the use of the supplier

    For the supply of services, businesses must prepare invoices in duplicates. Each of the copies will clearly mark the followings –

    • Original Copy for the use of the recipient
    • Duplicate Copy for the use of the supplier

     

  • Products that have GST-compliant invoices shall have a GST Invoice badge. You may also use the GST invoice filter to see only the products that come with B2B GST Invoices.

     

  • A GST Invoice Badge guarantees that the product is GST compliant. It means the seller will issue a GST invoice for selling that product.

     

Need to purchase in bulk for your business?

Write to us at: buybulk@amazon.com for assistance