diff --git a/erpnext/stock/doctype/serial_no/serial_no.py b/erpnext/stock/doctype/serial_no/serial_no.py
index 541d4d17e18..7d97f1667bb 100644
--- a/erpnext/stock/doctype/serial_no/serial_no.py
+++ b/erpnext/stock/doctype/serial_no/serial_no.py
@@ -304,6 +304,9 @@ def validate_serial_no(sle, item_det):
 					_("Duplicate Serial No entered for Item {0}").format(sle.item_code), SerialNoDuplicateError
 				)
 
+			allow_existing_serial_no = cint(
+				frappe.get_cached_value("Stock Settings", "None", "allow_existing_serial_no")
+			)
 			for serial_no in serial_nos:
 				if frappe.db.exists("Serial No", serial_no):
 					sr = frappe.db.get_value(
@@ -332,6 +335,23 @@ def validate_serial_no(sle, item_det):
 								SerialNoItemError,
 							)
 
+					if not allow_existing_serial_no and sle.voucher_type in [
+						"Stock Entry",
+						"Purchase Receipt",
+						"Purchase Invoice",
+					]:
+						msg = ""
+
+						if sle.voucher_type == "Stock Entry":
+							se_purpose = frappe.db.get_value("Stock Entry", sle.voucher_no, "purpose")
+							if se_purpose in ["Manufacture", "Material Receipt"]:
+								msg = f"Cannot create a {sle.voucher_type} ({se_purpose}) for the Item {frappe.bold(sle.item_code)} with the existing Serial No {frappe.bold(serial_no)}."
+						else:
+							msg = f"Cannot create a {sle.voucher_type} for the Item {frappe.bold(sle.item_code)} with the existing Serial No {frappe.bold(serial_no)}."
+
+						if msg:
+							frappe.throw(_(msg), SerialNoDuplicateError)
+
 					if cint(sle.actual_qty) > 0 and has_serial_no_exists(sr, sle):
 						doc_name = frappe.bold(get_link_to_form(sr.purchase_document_type, sr.purchase_document_no))
 						frappe.throw(
diff --git a/erpnext/stock/doctype/stock_settings/stock_settings.json b/erpnext/stock/doctype/stock_settings/stock_settings.json
index cb2bc0a7f51..af68e63f339 100644
--- a/erpnext/stock/doctype/stock_settings/stock_settings.json
+++ b/erpnext/stock/doctype/stock_settings/stock_settings.json
@@ -35,6 +35,7 @@
   "section_break_7",
   "automatically_set_serial_nos_based_on_fifo",
   "set_qty_in_transactions_based_on_serial_no_input",
+  "allow_existing_serial_no",
   "column_break_10",
   "disable_serial_no_and_batch_selector",
   "use_naming_series",
@@ -340,6 +341,12 @@
   {
    "fieldname": "column_break_121",
    "fieldtype": "Column Break"
+  },
+  {
+   "default": "1",
+   "fieldname": "allow_existing_serial_no",
+   "fieldtype": "Check",
+   "label": "Allow existing Serial No to be Manufactured/Received again"
   }
  ],
  "icon": "icon-cog",
@@ -347,7 +354,7 @@
  "index_web_pages_for_search": 1,
  "issingle": 1,
  "links": [],
- "modified": "2023-05-29 15:09:54.959411",
+ "modified": "2023-05-31 14:15:14.145048",
  "modified_by": "Administrator",
  "module": "Stock",
  "name": "Stock Settings",