Admissibility of modvat credit where computer generated invoices do not contain pre-printed serial numbers

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..... tice of the Board that few commissionerates have issued trade notices making pre-printing of serial numbers on the invoices generated on computers mandatory, whereas in rest of the commissionerates such pre-printing of serial numbers is not mandatory. This has resulted into diverse practice. further, the commissionerates where pre-printing of serial numbers on computer generated invoices is mandat .....

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..... al numbers on invoices with the help of automatic number machine (franking machine) is permitted provided the serial numbers are given on each invoice book before the same is brought into use and that hand written or rubber stamped serial numbers are not permitted. The latter instructions re-emphasized that it may not be necessary to pre-print serial number on computer generated invoices. However, .....

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..... es for denial of modvat credit should not be issued on this ground, and the show-cause notices already issued should be disposed of on the basis of the aforesaid instructions. 4. The trade and field formations may suitably be informed. 5. Receipt of this Circular may please be acknowledged. 6. Hindi version will follow. Issued by: Ministry of Finance Department of Revenue Central Bo .....

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