ICAI Launches June 2025 Edition of Handbook on Invoicing Under GST

The Institute of Chartered Accountants of India (ICAI) has recently released the revised third edition of its handbook on invoicing under GST. The first edition was launched in May 2020, and the second edition was launched in November 2022. The handbook is revised with the relevant amendments as of May 31, 2025.

Invoicing is an important concept in GST as it helps to claim Input Tax Credit and promote transparency. The accuracy of invoices encourages better tax collection and also prevents tax evasion. The handbook provides clarity and guidance on GST invoicing to help businesses and professionals ensure compliance.

The content of the handbook is divided into two sections: Part I and Part II. The Part I covers concepts like Tax invoice, Bill of Supply, Invoice Cum Bill of Supply, Revised Tax Invoice, Debit Note and Credit Note, Receipt Voucher, Refund Voucher, Delivery Challan, Payment Voucher. The second part covers the wide concept of E-Invoicing.