Invoice Number Series for FY 2021-22

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43 Points Posted on 17 April 2021
To differentiate below transaction. we would like to maintain multiple Invoice Series.
1) Sales invoices
2) Stock Transfer from one state to other state
3)Sale of Asset and scrap


please advise in this regard.

regards,
Sreeramulu Kanchanam
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On 17 April 2021 at 13:30 Report
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Quick Summary
This discussion explores the possibility of maintaining separate invoice number series for the financial year 2021-22. The user inquired about differentiating between sales invoices, stock transfers, and asset/scrap sales. Advice was given that separate serial numbers are permissible, and the CGST Act allows for unique, consecutive serial numbers up to 16 characters, even across multiple series, as long as they are unique for the financial year.

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101 Points Posted on 17 April 2021
U can maintain separate sl nos if u want.
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On 17 April 2021 at 14:49
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43 Points Posted on 17 April 2021
I thought from 2021-22 Only one invoice series to be maintained is it right???
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On 17 April 2021 at 14:51
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101 Points Posted on 17 April 2021
Stock tfr is generally maintained separately.
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On 17 April 2021 at 15:03
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43 Points Posted on 17 April 2021
Thank you sir
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On 17 April 2021 at 19:07
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GST Practitioner
55067 Points Posted on 18 April 2021
As per Rule 46(b) of CGST Act a consecutive serial number not exceeding 16 character in One or Multiple Series can maintain but unique for Financial Year.

As such there is no restrictions on same.
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On 18 April 2021 at 13:26

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