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The Sales Receipt Form is a fundamental business document used across India to document and formalize sales transactions between sellers and buyers. This document is essential for compliance with Indian tax regulations, particularly the GST regime, and must include specific details such as the seller's GST registration number, HSN codes for products, and applicable tax breakdowns. The form serves multiple purposes: it acts as proof of purchase for customers, enables businesses to maintain proper sales records, facilitates tax reporting, and helps in inventory management. A properly formatted Sales Receipt Form is mandatory for business transactions in India and may be required for tax audits, consumer dispute resolution, and warranty claims. The document should be retained for the statutory period as prescribed by Indian tax laws and can be issued in both physical and digital formats, provided they meet the requirements of the Information Technology Act, 2000.

1. Business Information Header: Company name, address, GST registration number, contact details, and receipt number

2. Customer Details: Name, address, and contact information of the customer (mandatory for B2B transactions or sales above specified thresholds)

3. Transaction Details: Date of sale, mode of payment, and payment status

4. Item Details: Description of items sold, quantity, unit price, HSN/SAC code, and amount

5. Tax Breakdown: Details of applicable taxes (CGST, SGST, or IGST) with rates and amounts

6. Total Amount: Subtotal, tax total, and final amount in both figures and words

7. Authentication: Authorized signature, stamp (if applicable), and terms of sale