Complete GST lifecycle on one platform Complete GST lifecycle on one platform
Hyper-automation Hyper-automation
Smart reports & recon Smart reports & recon
Accurate filing Accurate filing

Time limit to Issue Invoices, Bill of Supply, Debit Notes, Credit Notes etc under GST

Updated on: Feb 2nd, 2022


4 min read

social iconssocial iconssocial iconssocial icons

The GST Model law has defined the time limit for issue of tax invoices, revised bills, debit notes and credit note. In this article, we will discuss all of these in detail.

Time limit for issue of tax invoice for supply of goods

  1. Normal case
  2. Continuous supply of services

Supply of goods in normal case

A registered taxable person who supplies taxable goods has to issue a issue a tax invoice showing the description, quantity and value of goods, the tax charged thereon and such other particulars as may be prescribed:,

  • Where supply involves the movement of goods: On or before the removal of goods for supply to the buyer from the location of supplier. For eg.Dealer A in Delhi is dealing in TV sets. He has to make delivery of 5 TVs to Dealer B in Mumbai. Here supply involves movement of goods. In such case the invoice will be issued on or before the date of dispatch of consignment.
  • Where supply does not involve movement of goods: On or before date of delivery of goods to the recipient For eg. ABC Ltd purchases an escalator, for its office building. The supplier agrees to assemble and install it at office premises. Here, since the supply does not require movement of the generator set, the invoice must be issued at the time when the escalator is made available to ABC Ltd.

In case of continuous supply of goods

Where successive statements of accounts or successive payments are involved, the invoice shall be issued before or at the time each such statement is issued or, as the case may be, each such payment is received.

Time limit for issue of credit note and debit note

  1. On or before the thirtieth day of November* following the end of the financial year in which such supply was made, or
  2. The date of filing of the relevant annual return for the financial year,

whichever is earlier. It may be noted that annual return is required to be filed under section 30(2) on or before 31st December of the financial year following the relevant financial year. In cases where such annual return is filed after 30th November, the time limit for issuing credit/debit note will be 30th November only.

*Subject to CBIC notification, following the Finance Bill 2022 introduced in Budget 2022 on 1st February 2022.

According to proviso to section 24(1), no credit note shall be issued by the taxable person if the incidence of tax and interest on such supply has been passed by supplier to recipient.

inline CTA
India’s Fastest and Most Advanced 2B Matching
Maximise ITC claims, use smart validations to correct your data and complete 2B matching in <1 minute

Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.

Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just upload your form 16, claim your deductions and get your acknowledgment number online. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.

CAs, experts and businesses can get GST ready with Clear GST software & certification course. Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. Our Goods & Services Tax course includes tutorial videos, guides and expert assistance to help you in mastering Goods and Services Tax. Clear can also help you in getting your business registered for Goods & Services Tax Law.

Save taxes with Clear by investing in tax saving mutual funds (ELSS) online. Our experts suggest the best funds and you can get high returns by investing directly or through SIP. Download Black by ClearTax App to file returns from your mobile phone.

Cleartax is a product by Defmacro Software Pvt. Ltd.

Company PolicyTerms of use


ISO 27001

Data Center


SSL Certified Site

128-bit encryption