Proforma Invoice vs Tax Invoice: What's the Difference?

Proforma invoice vs tax invoice under GST — what each document means, when to issue which, whether GST applies, and why the difference matters for your books.

PJ

Reviewed & approved by Pardeep Jha, Chartered Accountant

Pardeep Jha & Associates, Chartered Accountants · Published 3 July 2026

If you run a business in India, you have almost certainly sent or received both a proforma invoice and a tax invoice — and you may have used the terms interchangeably. Under GST they are very different documents with very different legal weight. Getting the distinction right keeps your books clean, your GST returns accurate, and your customers clear about what they are actually paying for.

What is a proforma invoice?

A proforma invoice is a preliminary bill of sale sent before the supply is made. Think of it as a formal quotation dressed up like an invoice: it tells the buyer what they will be charged, in the layout of a real invoice, so they can approve the order, arrange payment, or open a letter of credit.

A proforma invoice typically includes the description of goods or services, quantity, estimated price, applicable GST rate, and payment terms. What it does not do is create any tax liability. It is not recorded as a sale, it does not go into your GSTR-1, and the buyer cannot use it to claim input tax credit.

What is a tax invoice?

A tax invoice is the statutory document that a registered supplier must issue on making a taxable supply, as required by Section 31 of the CGST Act and Rule 46 of the CGST Rules. It is the document that:

  • Creates the GST liability on the supplier.
  • Entitles the recipient (if registered) to claim input tax credit.
  • Must be reported in your GSTR-1 and forms the basis of your GSTR-3B tax payment.

A tax invoice must carry a consecutive serial number unique to the financial year, the supplier’s and recipient’s GSTIN, HSN/SAC codes, taxable value, and the GST split (CGST + SGST or IGST), among the other fields listed in Rule 46.

Proforma invoice vs tax invoice — side by side

FeatureProforma InvoiceTax Invoice
PurposeQuote / confirm an order before supplyRecord an actual taxable supply
Legal status under GSTNot a statutory documentMandatory statutory document (Sec 31, Rule 46)
Creates GST liability?NoYes
Allows input tax credit?NoYes (for the registered recipient)
Uses your invoice serial number?NoYes — consecutive, FY-wise
Reported in GSTR-1?NoYes
IssuedBefore the supply / paymentAt or before the time of supply

When should you issue each one?

Issue a proforma invoice when the deal is not yet final — to give the customer a firm quote, to request an advance, or when the buyer’s procurement process needs a document to raise a purchase order. It commits neither side to the tax treatment.

Issue a tax invoice at the time of supply. Under GST the timing rules are specific: for goods, on or before the removal or delivery; for services, within 30 days of supply. The moment you make the supply, the proforma must be converted into a proper tax invoice.

Common mistake: Treating a proforma invoice as your sales record. If you receive payment against a proforma invoice and never issue the tax invoice, the supply is still taxable — you have simply failed to raise the compliant document. Always follow up a paid proforma with a tax invoice (or an advance receipt voucher if you have taken an advance before supplying).

What about advances?

If a customer pays an advance against a proforma invoice for services, GST is payable on the advance at the time of receipt, and you should issue a receipt voucher for it. (For goods, GST on advances is generally not payable for most taxpayers.) When you finally make the supply, you issue the tax invoice and adjust the advance already received. The proforma invoice itself never discharges this obligation.

The bottom line

A proforma invoice is a promise; a tax invoice is a record. Only the tax invoice moves money through the GST system — it creates your liability and unlocks your customer’s input tax credit. Use a proforma to win and confirm the order, then always close the loop with a compliant tax invoice.

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Frequently Asked Questions

Is GST charged on a proforma invoice?

A proforma invoice can show the GST that will apply, but it does not create a GST liability and cannot be used to claim input tax credit. GST becomes payable only when you issue the actual tax invoice against the supply.

Can a customer make payment against a proforma invoice?

Yes. A proforma invoice is commonly used to request an advance or confirm an order, and buyers often pay against it. Once you receive the payment or make the supply, you must issue a proper tax invoice (or a receipt/advance voucher for an advance) for GST compliance.

Does a proforma invoice need an invoice number series?

No. A proforma invoice is not a statutory document, so it does not consume your GST invoice serial number. Only tax invoices must follow the consecutive, financial-year-wise numbering required under Rule 46 of the CGST Rules.

Can I claim input tax credit on a proforma invoice?

No. Input tax credit can only be claimed on the basis of a valid tax invoice (or debit note). A proforma invoice is a quotation-style document and is never a valid document for ITC.

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This guide is for general information only and is not legal or tax advice. GST law changes frequently — consult a qualified Chartered Accountant for advice specific to your business.