Revision of Invoice in GST Sec 31(3)(a)

Revised invoice enabling input tax credit where issued under Sec 31(3)(a) and Rule 53, subject to prescribed content and restrictions.

Issuance of a revised tax invoice under Section 31(3)(a) read with Rule 53 permits a newly registered supplier to reissue invoices for supplies made between the effective date of registration and issuance of the registration certificate so the recipient may claim Input Tax Credit. Rule 53 prescribes required particulars for revised invoices and for credit/debit notes, including prominent 'Revised Invoice' marking, supplier and recipient identification, unique serial numbering, reference to the original invoice, and signature. ITC is disallowed where revision is made by a different legal entity or where invoices relate to seizure, confiscation or specified assessments, in which case 'INPUT TAX CREDIT NOT ADMISSIBLE' must be stated.