ICAI releases Handbook on Invoicing under GST

In a significant move aimed at enhancing awareness among professionals, the Institute of Chartered Accountants of India (ICAI) has released a thoroughly updated edition of its "Handbook on Invoicing under GST". This revised version, published by the ICAI’s GST & Indirect Taxes Committee, consolidates all legal provisions related to invoicing under the Goods and Services Tax (GST) regime and incorporates amendments up to May 31, 2025.

The Handbook serves as a crucial resource for professionals and businesses by explaining the legal mandates and procedural requirements surrounding GST invoices, e-invoices, bills of supply, credit and debit notes, and related documents.

ICAI President CA. Charanjot Singh Nanda, in the foreword to the publication, emphasized that accurate and compliant invoicing plays a foundational role in enabling businesses to claim input tax credits (ITC), reduce tax evasion, and ensure transaction transparency.

The revised edition also delves into nuanced areas such as e-invoicing mandates for entities with turnover exceeding Rs.5 crores, special cases like job work and reverse charge mechanisms, and digitized documentation.

Detailed summaries of statutory requirements — including Rules 46 to 55A of the CGST Rules and relevant sections of the CGST Act — are presented in a structured and practitioner-friendly format. According to CA. Rajendra Kumar P, Chairman of the GST & Indirect Taxes Committee, the Handbook reflects feedback from industry and incorporates real-time changes impacting compliance.

“With the rapid evolution of GST norms, especially around digital invoicing and sector-specific nuances, this publication will act as a one-stop reference for practitioners, corporates, and government bodies alike,” he added.

Source : https://www.taxscan.in/top-stories/icai-releases-handbook-on-invoicing-under-gst-1425818