The Excel template of the GST bill can be easily customised to fit the specific needs of a business, allowing for the easy addition of necessary information. Ever wonder why a GST bill format in Excel is so important? Hence, most GST registered business owners must follow the GST bill format to generate bills. Besides allowing the seller to collect the payments, the GST invoice enables them to avail input tax credit under the new tax regime. The GST law mandates registered taxpayers to issue GST invoices upon making a sale. Here is a detailed guide about the GST bill format in excel, creating one, and how myBillBook helps you generate GST-compliant invoices in seconds. However, excel is a popular tool to generate GST-compliant invoices. The details include the list of goods or services provided, the price, quantity, tax rate, and the total amount payable.īusinesses can create GST bill formats using different tools, including Word, Excel, and PDF. A GST bill format contains fields of the invoice particulars as required by the GST law.
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