NUMBERING OF INVOICES., Goods and Services Tax - GST

[kollengode venkitaraman]

RULE 48(b) OF THE CGST RULES DEALING WITH INVOICE NUMBERING ENDS AS FOLLOWS"UNIQUE FOR A FINANCIAL YEAR" WHAT DOES IT MEAN? CAN WE USE SL.NO.1TO 5000 IN FY 2017-18 AND AGAIN START WITH SL NO. 1 IN 2018-19?

Posts / Replies

[Ganeshan Kalyani]

You cannot start from one again. The number should be unique for each financial year.

[YAGAY and SUN]

In addition to reply by Mr. Kalyani, in simple words unique means, not used earlier. for example in 2017 -18 you choose T/0000001 then for 2018-2019 it must be B/000001/18-19

[CS SANJAY MALHOTRA]

GSTN GSTR-1 will show processing error if same serial no of invoices is used.

[KASTURI SETHI]

Unique means with a difference.I support the views of all expert.

[DR.MARIAPPAN GOVINDARAJAN]

I endorse the views of Shri Sanjay Malhotra