Particulars of Tax Invoice under GST

[Guest]

Sir,

Can anyone explain what is a Unique Quantity code which is mandated by the Draft GST rules which were passed on 31/03/2017 to be quoted on Tax Invoice

[Rajagopalan Ranganathan]

Madam,

Rule 1 of GST - TAX INVOICE, CREDIT AND DEBIT NOTES - Draft Rules 31-3-2017

AI Summary

Unique quantity code requirement for tax invoices clarifies mandatory invoice data under the draft GST invoice rules. Whether a Unique Quantity Code must be quoted on a tax invoice is the central issue under the Draft GST Tax Invoice, Credit and Debit Notes Rules (31-03-2017); Rule 1 of those draft rules is identified as governing the mandatory fields to be supplied on a tax invoice and the query seeks explanation of the compliance implications of including a Unique Quantity Code on sales invoices under the proposed GST regime.