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7 Points
Joined August 2014
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.