Growkit
Invoicing

Which invoice type should you issue? A plain-English guide for Indian sellers.

Indian GST law requires different documents for different situations. Using the wrong one — like issuing a proforma when you should issue a tax invoice — can create compliance problems for your buyer and for you. Here's when to use each one.

Generate the right invoice in Growkit

The six invoice types under Indian GST

Indian GST recognises six types of invoicing documents, each for a different situation. Growkit supports the first four — credit and debit notes are in Phase 2.

Document typeWhen to useCarries GSTBuyer claims ITCIn Growkit
GST Tax InvoiceEvery taxable B2B sale above ₹200 by a GST-registered sellerYesYes✓ Live
Proforma InvoiceBefore the buyer confirms the deal — a quoteNoNo✓ Live
Bill of SupplyComposition scheme sellers or exempt goodsNoNo✓ Live
Receipt VoucherAdvance payment received before supplyYes (reverse)Provisionally✓ Live
Credit NotePost-invoice price reduction or returnYes (reduction)ReversedPhase 2
Debit NotePost-invoice price increaseYes (addition)AdditionalPhase 2

1. GST Tax Invoice — the most common document

The GST tax invoice is the primary sales document for any GST-registered seller making a taxable supply. You issue it at the time of supply (or before, for services). It carries GSTIN of both seller and buyer, HSN codes, GST rates, and must be numbered sequentially. Most of your day-to-day invoicing will be tax invoices.

  • Regular product sale from your catalog
  • Job card consignment — each delivery phase
  • Service completion
  • Any supply where GST applies and you're GST-registered

2. Proforma Invoice — for quotes and estimates

A proforma invoice looks exactly like a tax invoice but has one critical difference: it creates no legal or tax liability. It's a quote — you're telling the buyer "this is what it will cost if you proceed." The buyer uses it to get internal approval, arrange financing, or for customs pre-clearance on imports. Once they confirm, you convert it to a tax invoice. In Growkit, this conversion is one click and preserves the original proforma unchanged in your records.

Do not issue a proforma for a completed sale and then never convert it to a tax invoice. That is non-compliant — the buyer cannot claim ITC on a proforma.

3. Bill of Supply — for composition sellers and exempt goods

If you're on the GST composition scheme, you cannot collect GST from buyers. Every sale must be documented with a Bill of Supply — not a tax invoice. The same applies if you're selling goods or services that are exempt from GST (fresh produce, healthcare, education, etc.) even as a regular GST-registered seller. A Bill of Supply shows the sale amount but no GST — the buyer cannot claim ITC on it.

  • You are registered under the GST composition scheme
  • You are selling GST-exempt goods or services
  • Export of services (treated as zero-rated — a Bill of Supply variant)

4. Receipt Voucher — for advance payments

When a buyer pays you before you supply the goods or complete the service, you must issue a Receipt Voucher. It acknowledges the advance and records the GST on it (calculated in reverse — the advance is treated as inclusive of GST). When you later raise the final tax invoice, the advance and its GST are netted against the invoice — the buyer pays only the balance.

  • Buyer pays a deposit or advance before production starts
  • Mobilisation advance for a service contract
  • Any money received before the supply is complete

5 and 6. Credit Note and Debit Note — for post-invoice corrections

Sometimes an invoice needs to be corrected after it's been issued. In GST, you cannot simply cancel and re-issue an invoice for a registered buyer — you must issue a Credit Note (to reduce the amount) or a Debit Note (to increase it). A Credit Note is issued when the buyer returns goods, gets a discount after the invoice, or you made a pricing error that overcharged. A Debit Note is issued when you undercharged. Both are linked to the original invoice and adjust the GST accordingly.

Credit and Debit Notes are coming to Growkit in Phase 2. For now, consult your CA for handling post-invoice corrections.

Quick decision guide — which document to issue

SituationDocument to issue
Regular sale, GST-registered seller, taxable goodsGST Tax Invoice
Buyer hasn't confirmed yet — sending a quoteProforma Invoice
You're on composition schemeBill of Supply
Selling exempt goods (fresh produce, healthcare, etc.)Bill of Supply
Received advance payment before supplyReceipt Voucher
Need to reduce amount on a previously issued invoiceCredit Note (Phase 2)
Need to increase amount on a previously issued invoiceDebit Note (Phase 2)

Frequently asked questions

Can I issue a proforma invoice and then just collect payment without converting to a tax invoice?

No. If a sale has been completed and payment has been received, you must issue a GST tax invoice. Using only a proforma for a completed sale means your buyer cannot claim ITC, and you are non-compliant under GST rules.

What's the difference between a credit note and a cancellation?

A cancellation voids the invoice entirely — used when no supply happened at all. A credit note is issued when supply happened but the amount needs to be reduced — for a return, a post-invoice discount, or a pricing correction. Credit notes are linked to the original invoice.

Do all six document types need sequential numbering?

Yes. Each document type should have its own numbering series — tax invoices, credit notes, debit notes, and receipt vouchers should each have separate, sequential numbers within the financial year. Proformas can have their own series too, for internal tracking.

I'm a composition seller but sometimes I sell taxable goods to registered buyers. Which document do I issue?

Composition scheme sellers cannot issue tax invoices or charge GST, regardless of who they're selling to. All sales — even to GST-registered buyers — must be documented with a Bill of Supply. The registered buyer cannot claim ITC on it. If you regularly sell to registered buyers who need ITC, consider whether the composition scheme is the right fit for your business.

Issue the right document, every time

Growkit supports all four live invoice types — tax invoice, proforma, bill of supply, and receipt voucher.

Start free — no card needed