Gst inoice numbering
Query (Issue) Started By: – Vijay K Dated:- 28-6-2017 Last Reply Date:- 10-7-2017 Goods and Services Tax – GST
Got 14 Replies
GST
Dear Mates,
I'm a new startup of proprietorship firm (Registered Under Service Tax / GST / Turnover 15 Lacs) and want to know is Serial Numbering on Invoice will be compulsory? like INV0001, INV0002, etc.
Because till now I was use to send based on customer's UID such as:
Customer UID: 785881
Invoice No.: INV/785881/1, etc.
So what can do? Because I'll get business if I use INV0001, etc. because then customer will be able to see I don't make business.
Looking for serious help. Thanks
Reply By KASTURI SETHI:
The Reply:
Serial No. is compulsory.
Reply By prakash kumar:
The Reply:
I don't see any problem in using any prefix or suffix in Invoice Sr No. You are allowed to mention Customer UID as suffix with the Invoice Sr No.
But Invoice sr must be a Number in ascending order.
Also Invoice No must n
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missed.
Reply By Vijay K:
The Reply:
Dear Kasturi Ji,
Thanks for your help. So you mean to say I can make Invoice based on Customer's UID, right? Sorry for repeating the question but being a startup I'm bit scared and I don't want any legal proceeding against me due to some small mistake
Customer UID: 785881
Invoice No.: INV/785881/1, etc.
Customer UID: 785882
Invoice No.: INV/785882/1, INV/785882/2, INV/785882/3, etc.
Customer UID: 785883
Invoice No.: INV/785883/1, INV/785883/2, etc.
Thanks
Reply By KASTURI SETHI:
The Reply:
Dear Sh.Vijay Ji,
First of all there is nothing to be panicky. Main issue is there should not be revenue loss. The department is concerned with correct and true revenue. You may not mention customer's UID in the invoice no. itself. You can write "Invoice No. 00001/2017-18 and so on". Nobody is going to issue SCN for mentioning Customer's UID on the invoice which is additional information. You are not disturbing the part
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00% agree with Mr. K L Sethi Sir
Reply By Rohit Bhura:
The Reply:
We are a trader can we similarly maintain different Invoice Book. Invoice no 1 to 50 for location A, 51 to 100 for laction B, 101 to 150 for location C and similar for other locations such that invoice no are unique for a financial year
So if on day 1, we dispatch Material from location A & D we issue Invoice no 001 & 151 from respective location
On day 2, we dispatch Material from location B & E we issue Invoice no 051 & 201 from respective location
On day 3, we dispatch two trucks from location D with invoice no. 152 & 153
And so on…
in that case our invoice no. if shorted chronically they would be something like this 001, 151, 051, 201, 152, 153, 002, 052 ……..
We just wanted to confirm if this is allowed under GST rules. Under Rule 46 point B of 'Central Goods and Services Tax (CGST) Rules 2017 it says that one or multiple series of invoice can be maintain, does it refer to the case I have mentioned abov
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