What is the GST Law , why this is important :

See Details on previous page   ( click here )

We know that Large Manufacturing Plants and even SME's need Plant level Profitability analysis. Owners of Large Showrooms also want to know which Showroom is Profitable and which is in Losses. Hence they must transfer goods on Invoice-- with impact on both profits and Stocks. Details on our detailed page on this topic 

Suppose you want to have invoice system, then, This page is relevant to you .. Read on please

In this case, if both plants have same invoice number it will break the rule of uniqueness. Then, Read on for details

Two plants in same state both with Invoice number start from 00001 on 1^st april 2017, So, Here there is a problem 

a) One GST number will have One GST return. But, the law says Consecutive serial number ………… Unique for a year. 

b) So, when you upload data, two invoices of two plants with same serial number will not be acceptable.

c) Similarly for the Customer's Accounts Dept, their ERP Software will not accept Two Same invoice numbers in the same Financial Year from the same GSTN number

So, Solution is 

c) second plant must start with a prefix in future,

1) Say, Plant one will continue as 000001 onwards,

2) And, Plant two will continue as 100001 onwards, 

That is all

This is perfectly acceptable. and this is the best solution. 

For Record

1. Alphabets are allowed in Govt's return format, but not allowed in Finsys ERP. Infact it is not required, if the 100001 concept is utilised.

2. Year are allowed in Govt's return format ( eaxmple  001/17-18. However, not allowed in Finsys ERP. Infact it is not required, if the 100001 concept is utilised.  Since invoice date is always attached to the invoice number in any communication

For Traders / Distributors

Many Traders were Traditionally having multiple invoice Series

a) M/s. ABC and Sons : One series for Excisable, invoices and second for Non Excisable invoices

b) M/s. XYZ Food Distributors : One Series for Bills of Pepsi Group, second series for Cococola Group, and Third for other misc bills

All this was earlier allowed / or sometimes done without understanding the law. All this led to risk of manipulations.

Now either take permission proving to the Commissioner of GST that this is logically and valid, else converge to a single series.



GST is an Easy Law, simple and user friendly. Use it , enjoy it, dont fear it