Central Govt. releases Draft GST Rules & Formats on Invoice, Payment & Registration

Central Govt. releases draft rules on payment, invoice & registration alongwith draft formats under GST regime, inviting comments by September 28 and making corresponding changes in Model law; Draft Goods & Services Tax – Invoice Rules set out the particulars of tax invoice, manner of issuing invoices (viz. in triplicate for goods & duplicate for services), details to be mentioned in Bill of Supply, Supplementary Tax Invoice and Credit / Debit Notes as...