SERIES OF INVOICES

[S.C. WADHWA]

A Manufacturing company named XYZ Ltd. amalgamated with another company named ABC Pvt. Ltd.. As a result, name of XYZ Ltd. become XYZ (A Division of ABC Pvt Ltd.).

Query is

Whether sales invoices no. of XYZ (Division of ABC Pvt. Ltd.) will be continued from invoice no. of XYZ ltd. or will be started afresh from no. 1.

[PAWAN KUMAR]

Dear Sir,

Invoices shall be started with serial number one on new stationery bearing correct details and address of new unit XYZ (Division of ABC Pvt. Ltd.). All previous stationery shall be blocked for use and intimated to excise/sales tax department mentioning not to use in future.

[YAGAY and SUN]

Dear S.C.Wadhwa,

We are in agreement with the reply submitted by Mr. Pawan to your query.

Regards,

YAGAY and SUN (Knowledge is power, when shared)

(Management and Indirect Tax Consultants)

[Mahir S]

Yes, but first make necessary amendment in the central excise registration copy.

AI Summary

Invoice numbering should restart on new stationery after company amalgamation, and prior stationery must be blocked and reported.
Invoice numbering must be restarted on new stationery reflecting the merged unit's correct name and address; previously issued stationery must be blocked and the excise/sales tax department notified not to accept prior series. An amendment to the central excise registration should be made before issuing invoices under the new entity details.