Invoice serial number for new financial year

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Dear Experts,

Is it mandatory to change invoice serial number as financial year change?? if yes, let me know the clear provision under GST regime.

Replies (12)
I am also facing same issue, please reply if anyone know

It is not mandatory.. If you wish you can change...

Is there any provision in GST regime to not to change serial number in new financial year?? Please send notification/circular etc in this circumstace.

STILL AM CONFUSED PLZ DO NEEDFUL REPLY ASAP.

NEW INVOICE BOOK NUMBER FOR THE NEW FINANCIAL YEAR 2018-19 AS PER RULES OF CGST ACT 

Specify rule under which new invoice number for new fy is required.

Rule 46 of CGST Rules does not mandate a taxpayer to freshly start an invoice series for the new financial year. Taxpayer can continue the invoice serial number from where he left on the 31st March. 

 

 

In rule 46 & 54 it is clearly mentioned that serial number should be unique for a Financial year. Therefore Taxpayer can continue the invoice serial number from where he left on the 31st March. 

 

An important point that needs to be kept in mind is such invoice number shall be UNIQUE for that FINANCIAL YEAR. However, it is purely a taxpayer’s choice and convenience if someone wants to start a fresh invoice number series. 

START A NEW SERIES OF BILL NUMBER FOR NEW FINANCIAL YEAR IS MUST !! SO START A NEW SERIES FOR F/Y 2018-19
START A NEW SERIES OF BILL NUMBER FOR NEW FINANCIAL YEAR IS MUST !! SO START A NEW SERIES FOR F/Y 2018-19
START A NEW SERIES OF BILL NUMBER FOR NEW FINANCIAL YEAR IS MUST !! SO START A NEW SERIES FOR F/Y 2018-19
but what about rule 46(b)

It is not Mandatory to Start with 1. Anyone continue the sequential series for next year. 


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