New Invoice serial number for new financial year or Continue existing series

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53 Points Joined August 2012

Dear Experts,

Is it mandatory to change invoice serial number as financial year change?? if yes, let me know the clear provision under GST regime. OR We can Continue existing invoice  series in normal course of Business. (Ex 31/03/XXXX Invoice No.120 and on 01/04/XXXX No.121)

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On 02 February 2023 at 17:32 Report
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SEO Sai Gr. Hosp.
209094 Points Joined July 2016

Changing the serial/ invoice series is not mandatory, but it helps to distinguish the FY easily. 

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On 02 February 2023 at 20:43
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28026 Points Joined May 2017
A new serial number or the same one with new suffix.
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On 03 February 2023 at 13:27
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CFO- at NHTF
58280 Points Joined August 2012
You can continue the series 121. You can also start from invoice number 001
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On 03 February 2023 at 14:24
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Chartered Accountant
86505 Points Joined April 2011
There is no compulsion on changing series in beginning of every year.
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On 04 February 2023 at 08:51
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28026 Points Joined May 2017
A simple thing an online answer.
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On 07 February 2023 at 10:49
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CFO- at NHTF
58280 Points Joined August 2012
Continuation of invoice number is better to maintain the unique invoice number and to avoid duplicate numbers.

Starting of 001 invoice can give the number of invoices raised for the FY if you look at last invoice number
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On 12 February 2023 at 08:34


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