Is it compulsory to start the new Financial year with invoice no 1?
2 Replies
CA Ankit Garg
(MD | Genuine Filings)
(781 Points)
Replied 04 April 2019
No, it's your choice, however combination for new FY should be unique. eg ABC/2018-19/56 on 31/03/2019, now Invoice should be ABC/2019-20/57 from 01-04-2019 & not ABC/2018-19/57
Shankar Sharma
(510 Points)
Replied 05 April 2019
Thanks Ankit. But I find a notification on GST website that a new unique series to be started from 1/4 /19. In our case our nos are unique in the sense that the nos will not repeat, but they are continuation from the last year. Is this enough?
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