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
From India, New Delhi
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
From India, New Delhi
Avika, Thanks for the information. So, you mean to say I cannot use serial numbers based on Customer UID?
From India, New Delhi
From India, New Delhi
Dear Vijay.
No need to register In GST to the extent of turnover 20 Lacs. However No exemption of 20 Lacs shall be available if you receive or supply any inter state goods & service. with regard to serial Number In invoice you can opt any method i.e. INV0001, INV0002 or INV/785881/1, but make sure total digit must not exceeding 16,
Thanks & Regards
V SHAKYA
HR & Labour, Corporate Laws Advisor
From India, Agra
72No need to register In GST to the extent of turnover 20 Lacs. However No exemption of 20 Lacs shall be available if you receive or supply any inter state goods & service. with regard to serial Number In invoice you can opt any method i.e. INV0001, INV0002 or INV/785881/1, but make sure total digit must not exceeding 16,
Thanks & Regards
V SHAKYA
HR & Labour, Corporate Laws Advisor
From India, Agra
Dear v shakya,
Thanks for confirming we'll continue to use as following... Hope I was able to clarify that we'll be using invoice based on customer id and as you said it does not exceed 16 digit alphanumeric invoice no.
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
From India, New Delhi
Thanks for confirming we'll continue to use as following... Hope I was able to clarify that we'll be using invoice based on customer id and as you said it does not exceed 16 digit alphanumeric invoice no.
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
From India, New Delhi
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Order No. 1-2018 Extension of date for submitting the statement in FORM GST TRAN-2.pdf
Invoice Format.doc