Tax Invoice & its Issue

What is the time limit for sending an invoice for the supply of services?

• 40 days

• 45 days

• 30 days

• 35 days

Is it true that HSN Code, GST %, Quantity, Rate are important items available in a tax invoice?

• True

• False

Which of the following is not a requirement for issuing a tax invoice in India?

• Possession of a PAN card

• Following the legal requirements

• Having a valid GST registration

• Following the timeline for issuing Tax Invoice

For supply of services, the supplier keeps

• Original invoice

• Duplicate copy

Which of the following is the less detailed version of a tax invoice

• Full tax invoice

• Simplified tax invoice

• Electronic tax invoice

• None of the above

What is the penalty for failure to maintain accurate records of tax invoices and other relevant documents?

• Rs. 15,000

• Rs. 20,000

• Rs. 25,000

• Rs. 30,000

Which document is sent to the transporter for the supply of goods?

• Original Invoice

• Duplicate Copy

• Triplicate Copy