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of <h1>Karnataka GST Act 2017: Tax Invoice Rules for Goods & Services, Exceptions for New Registrants and Exempted Supplies</h1> Under the Karnataka Goods and Services Tax Act, 2017, registered suppliers of taxable goods must issue a tax invoice at the time of goods removal or delivery, detailing the goods' description, quantity, value, and tax. For services, a tax invoice must be issued within a prescribed period. Exceptions include revised invoices for new registrants, supplies under 200, and exempted goods or services, where a bill of supply is issued instead. Continuous supply requires timely invoicing based on payment schedules or event completion. For goods on approval, invoices must be issued within six months or at supply time.
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