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.
XYZ Ltd. and ABC Pvt. Ltd. Merger: Start Invoices from Serial Number One with Updated Details; Amend Excise Registration A manufacturing company, XYZ Ltd., amalgamated with ABC Pvt. Ltd., becoming XYZ (A Division of ABC Pvt. Ltd.). A query was raised about whether the sales invoice numbers should continue from XYZ Ltd.'s existing sequence or start anew. The consensus among respondents was that invoices should begin from serial number one on new stationery reflecting the updated company details. Additionally, it was advised to block previous stationery and notify the excise/sales tax department. An amendment in the central excise registration was also recommended before proceeding. (AI Summary)
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