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Should there be a new bill book for the new FY?

02 April 2019

Can I use the old bill book and continue the present S.no. for sales invoices or should I start from the new Serial no. 1 from 2/4/2019?

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6 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14536 Points)
Replied 02 April 2019

As per my opinion , you should start New Bill book with new Sr.no 1 form 1/4/2019 . read rule 46 (b) of the CGST rules 2017. you can take others opinion also.

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RAJA P M ("Do the Right Thing...!!!") (127911 Points)
Replied 02 April 2019

No more restrictions...

You can Continue the serial with Old Invoice book. No more issues...

But, Advisable is start with new series...

2 Like

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 02 April 2019

Yes agree with Mr. Raja ji
For the fy the series & number should be unique.

Eg ;: A10011 is first bill no for the fy , then for the whole year you cannot issue the same bill no.

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pritesh (CA Final student) (7101 Points)
Replied 02 April 2019

Agree with pankaj and raja sir

Vikash GST (2 Points)
Replied 03 April 2019

Yes, u can if your bill series as below format..001,002,003 or 1,2,3. But if your bill no or invoice number is 001/18-19 or 1/18-19 is in this format, you can't.

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Asha Kanta Sharma (Manager - Finance & Accounts) (18085 Points)
Replied 04 April 2019

The important thing is to have UNIQUE serial numbering of the Invoices. There are no restrictions. But a new series helps and a better choice for accounting purposes as it brings clarity in maintaining accounting records properly.