Invoice Series for new Financial year under GST

Invoice Series for new Financial year under GST

As of April 3^rd, 2018, GSTN portal does not allow you to enter same invoice number in 2018-2019, which you had entered in any GSTR-1 of 2017-2018. There should be new invoice series for new financial year under GST or it won’t be accepted.

Eg., You had entered Invoice number 01 dated 01-07-2017 in GSTR-1 of October 2017. Now if you have issued invoice number 01 dated 02-04-2018. And try to capture this invoice in GSTR-1 of April 2018 (or later) you will receive processing error.

Please be advised and advice your colleagues and clients accordingly.

As per GST rule 46(b)

“46. Tax Invoice –

Subject to rule 54, a tax invoice referred to in section 31 shall be issued by the registered person containing the following particulars, namely,

1. …

…

(b) a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters hyphen or dash and slash symbolised as “-” and “/” respectively, and any combination thereof, unique for a financial year;

…”