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TMI BlogGST Taxpayers to start with new Invoice Series w.e.f 01.04.2019X X X X Extracts X X X X X X X X Extracts X X X X ..... GST Taxpayers to start with new Invoice Series w.e.f 01.04.2019 X X X X Extracts X X X X X X X X Extracts X X X X ..... invoice issued by a registered person should have a consecutive serial number, not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters - hy ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... phen or dash and slash symbolized as "-" and "/" respectively, and any combination thereof, unique for a financial year. This rule implies that with the start of new financial year 2019-20 (w.e.f. 0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1/04/2019), a new invoice series, unique for the financial year is to be started by the GST taxpayers. Similar provision is there in Rule 49 of the CGST Rules 2017, in respect of issue of Bill of Supp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly by registered taxpayers availing Composition Scheme or supplying exempted goods or services or both. If the provisions of Rule 46 or Rule 49 are not adhered to, apart from being a compliance issu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e, taxpayers may face problem while generating E-Way Bill on E-way bill system or furnishing their Form GSTR 1 or for applying for refund on GST Portal. It is therefore necessary that suitable modif ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ication may be made by the taxpayers in this regard in their invoices or bill of supply, to avoid any inconvenience in the future. X X X X Extracts X X X X X X X X Extracts X X X X ..... fessionals ..... X X X X Extracts X X X X X X X X Extracts X X X X
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