GST Receipt Voucher Requirements Under Indian Law
Under the Goods and Services Tax (GST) framework in India, issuing documentation for payments received is legally mandated under **Section 31(3)(e) of the CGST Act** read with **Rule 50 of the CGST Rules, 2017**.
When Must a GST Receipt Voucher Be Issued?
A registered supplier must issue a formal Receipt Voucher whenever an **advance payment** is received for taxable services before the final tax invoice is generated.
Rule 50 Mandatory Fields:
- Supplier Name, Address, and GSTIN
- Sequential Serial Number (up to 16 characters)
- Date of Issuance
- Recipient Name, Address, and GSTIN (if registered)
- Description of Goods or Services
- Amount of Advance Received
- Applicable Tax Rates (IGST, CGST, SGST, or UTGST)
Advance Payments for Goods vs. Services
Notification No. 66/2017-Central Tax exempted GST payments on advance receipts for the **supply of goods**. However, advance payments received for the **supply of services** still require paying GST at the time of receiving the advance, requiring a valid GST Receipt Voucher.
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