diff --git a/src/main/java/org/apache/maven/buildcache/checksum/MavenProjectInput.java b/src/main/java/org/apache/maven/buildcache/checksum/MavenProjectInput.java
index 4b75dd45..b6df5ec6 100644
--- a/src/main/java/org/apache/maven/buildcache/checksum/MavenProjectInput.java
+++ b/src/main/java/org/apache/maven/buildcache/checksum/MavenProjectInput.java
@@ -180,7 +180,11 @@ public ProjectsInputInfo calculateChecksum() throws IOException {
         final long t1 = System.currentTimeMillis();
 
         // hash items: effective pom + version + input files + dependencies
-        final int count = 2 + inputFiles.size() + dependenciesChecksum.size();
+        final int count = 1
+                + (config.calculateProjectVersionChecksum() ? 1 : 0)
+                + inputFiles.size()
+                + dependenciesChecksum.size();
+
         final List<DigestItem> items = new ArrayList<>(count);
         final HashChecksum checksum = config.getHashFactory().createChecksum(count);
 
@@ -190,13 +194,15 @@ public ProjectsInputInfo calculateChecksum() throws IOException {
                     remoteCache.findBaselineBuild(project).map(b -> b.getDto().getProjectsInputInfo());
         }
 
-        DigestItem projectVersion = new DigestItem();
-        projectVersion.setType("version");
-        projectVersion.setIsText("yes");
-        projectVersion.setValue(project.getVersion());
-        items.add(projectVersion);
+        if (config.calculateProjectVersionChecksum()) {
+            DigestItem projectVersion = new DigestItem();
+            projectVersion.setType("version");
+            projectVersion.setIsText("yes");
+            projectVersion.setValue(project.getVersion());
+            items.add(projectVersion);
 
-        checksum.update(project.getVersion().getBytes(StandardCharsets.UTF_8));
+            checksum.update(project.getVersion().getBytes(StandardCharsets.UTF_8));
+        }
 
         DigestItem effectivePomChecksum = DigestUtils.pom(checksum, effectivePom);
         items.add(effectivePomChecksum);
diff --git a/src/main/java/org/apache/maven/buildcache/xml/CacheConfig.java b/src/main/java/org/apache/maven/buildcache/xml/CacheConfig.java
index e0b8e63a..2569a167 100644
--- a/src/main/java/org/apache/maven/buildcache/xml/CacheConfig.java
+++ b/src/main/java/org/apache/maven/buildcache/xml/CacheConfig.java
@@ -107,6 +107,8 @@ public interface CacheConfig {
 
     boolean adjustMetaInfVersion();
 
+    boolean calculateProjectVersionChecksum();
+
     boolean canIgnore(MojoExecution mojoExecution);
 
     @Nonnull
diff --git a/src/main/java/org/apache/maven/buildcache/xml/CacheConfigImpl.java b/src/main/java/org/apache/maven/buildcache/xml/CacheConfigImpl.java
index 55f44657..75b16afc 100644
--- a/src/main/java/org/apache/maven/buildcache/xml/CacheConfigImpl.java
+++ b/src/main/java/org/apache/maven/buildcache/xml/CacheConfigImpl.java
@@ -551,6 +551,17 @@ public boolean adjustMetaInfVersion() {
         }
     }
 
+    @Override
+    public boolean calculateProjectVersionChecksum() {
+        if (isEnabled()) {
+            return Optional.ofNullable(getConfiguration().getProjectVersioning())
+                    .map(ProjectVersioning::isCalculateProjectVersionChecksum)
+                    .orElse(false);
+        } else {
+            return false;
+        }
+    }
+
     @Nonnull
     @Override
     public List<Pattern> getExcludePatterns() {
diff --git a/src/main/mdo/build-cache-config.mdo b/src/main/mdo/build-cache-config.mdo
index 9f8b2ab4..65f2ec7b 100644
--- a/src/main/mdo/build-cache-config.mdo
+++ b/src/main/mdo/build-cache-config.mdo
@@ -325,6 +325,11 @@ under the License.
                     <type>boolean</type>
                     <description>Determines whether version in metadata must be changed according to building project version.</description>
                 </field>
+                <field xml.attribute="true">
+                    <name>calculateProjectVersionChecksum</name>
+                    <type>boolean</type>
+                    <description>Determines whether project version should be included to calculate checksum input.</description>
+                </field>
             </fields>
         </class>
 
@@ -339,6 +344,12 @@ under the License.
                 <xs:documentation source="description">Determines whether version in metadata must be changed according to building project version.</xs:documentation>
               </xs:annotation>
             </xs:attribute>
+            <xs:attribute name="calculateProjectVersionChecksum" type="xs:boolean" default="false" use="optional">
+              <xs:annotation>
+                <xs:documentation source="version">0.0.0+</xs:documentation>
+                <xs:documentation source="description">Determines whether project version should be included to calculate checksum input.</xs:documentation>
+              </xs:annotation>
+            </xs:attribute>
           </xs:complexType>
        -->
 
diff --git a/src/test/java/org/apache/maven/buildcache/its/CoreExtensionTest.java b/src/test/java/org/apache/maven/buildcache/its/CoreExtensionTest.java
index cdd5b832..32142666 100644
--- a/src/test/java/org/apache/maven/buildcache/its/CoreExtensionTest.java
+++ b/src/test/java/org/apache/maven/buildcache/its/CoreExtensionTest.java
@@ -43,17 +43,19 @@ void simple(Verifier verifier) throws VerificationException {
     }
 
     @Test
-    void simple_build_change_version_build_install_again(Verifier verifier) throws VerificationException {
+    void simple_build_change_version_reuse_build_cache(Verifier verifier) throws VerificationException {
         verifier.setAutoclean(false);
 
         verifier.setLogFileName("../log-1.txt");
         verifier.executeGoal("install");
         verifier.verifyErrorFreeLog();
+        verifier.verifyTextInLog("Saved Build to local file");
         verifier.verifyArtifactPresent("org.apache.maven.caching.test.simple", "simple", "0.0.1-SNAPSHOT", "jar");
 
         verifier.setLogFileName("../log-2.txt");
         verifier.executeGoal("install");
         verifier.verifyErrorFreeLog();
+        verifier.verifyArtifactPresent("org.apache.maven.caching.test.simple", "simple", "0.0.1-SNAPSHOT", "jar");
         verifier.verifyTextInLog("Found cached build, restoring " + PROJECT_NAME + " from cache");
 
         verifier.setLogFileName("../log-3.txt");
@@ -64,14 +66,11 @@ void simple_build_change_version_build_install_again(Verifier verifier) throws V
         verifier.verifyErrorFreeLog();
 
         verifier.getCliOptions().clear();
+        verifier.addCliOption("-Dmaven.build.cache.alwaysRunPlugins=maven-install-plugin:install");
         verifier.setLogFileName("../log-4.txt");
         verifier.executeGoal("install");
         verifier.verifyErrorFreeLog();
         verifier.verifyArtifactPresent("org.apache.maven.caching.test.simple", "simple", "0.0.2-SNAPSHOT", "jar");
-
-        verifier.setLogFileName("../log-5.txt");
-        verifier.executeGoal("install");
-        verifier.verifyErrorFreeLog();
         verifier.verifyTextInLog("Found cached build, restoring " + PROJECT_NAME + " from cache");
     }
 }
diff --git a/src/test/java/org/apache/maven/buildcache/its/Issue76Test.java b/src/test/java/org/apache/maven/buildcache/its/Issue76Test.java
new file mode 100644
index 00000000..b6b6b302
--- /dev/null
+++ b/src/test/java/org/apache/maven/buildcache/its/Issue76Test.java
@@ -0,0 +1,65 @@
+/*
+ * Licensed to the Apache Software Foundation (ASF) under one
+ * or more contributor license agreements.  See the NOTICE file
+ * distributed with this work for additional information
+ * regarding copyright ownership.  The ASF licenses this file
+ * to you under the Apache License, Version 2.0 (the
+ * "License"); you may not use this file except in compliance
+ * with the License.  You may obtain a copy of the License at
+ *
+ *   http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing,
+ * software distributed under the License is distributed on an
+ * "AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY
+ * KIND, either express or implied.  See the License for the
+ * specific language governing permissions and limitations
+ * under the License.
+ */
+package org.apache.maven.buildcache.its;
+
+import org.apache.maven.buildcache.its.junit.IntegrationTest;
+import org.apache.maven.it.VerificationException;
+import org.apache.maven.it.Verifier;
+import org.junit.jupiter.api.Test;
+
+@IntegrationTest("src/test/projects/mbuildcache-76")
+public class Issue76Test {
+
+    private static final String PROJECT_NAME = "org.apache.maven.caching.test:mbuildcache-76";
+
+    @Test
+    void simple_build_change_version_build_install_again(Verifier verifier) throws VerificationException {
+        verifier.setAutoclean(false);
+
+        verifier.setLogFileName("../log-1.txt");
+        verifier.executeGoal("install");
+        verifier.verifyErrorFreeLog();
+        verifier.verifyTextInLog("Saved Build to local file");
+        verifier.verifyArtifactPresent("org.apache.maven.caching.test", "mbuildcache-76", "0.0.1-SNAPSHOT", "jar");
+
+        verifier.setLogFileName("../log-2.txt");
+        verifier.executeGoal("install");
+        verifier.verifyErrorFreeLog();
+        verifier.verifyTextInLog("Found cached build, restoring " + PROJECT_NAME + " from cache");
+
+        verifier.setLogFileName("../log-3.txt");
+        verifier.getCliOptions().clear();
+        verifier.addCliOption("-DoldVersion=0.0.1-SNAPSHOT");
+        verifier.addCliOption("-DnewVersion=0.0.2-SNAPSHOT");
+        verifier.executeGoal("versions:set");
+        verifier.verifyErrorFreeLog();
+
+        verifier.getCliOptions().clear();
+        verifier.setLogFileName("../log-4.txt");
+        verifier.executeGoal("install");
+        verifier.verifyErrorFreeLog();
+        verifier.verifyTextInLog("Saved Build to local file");
+        verifier.verifyArtifactPresent("org.apache.maven.caching.test", "mbuildcache-76", "0.0.2-SNAPSHOT", "jar");
+
+        verifier.setLogFileName("../log-5.txt");
+        verifier.executeGoal("install");
+        verifier.verifyErrorFreeLog();
+        verifier.verifyTextInLog("Found cached build, restoring " + PROJECT_NAME + " from cache");
+    }
+}
diff --git a/src/test/java/org/apache/maven/buildcache/xml/CacheConfigImplTest.java b/src/test/java/org/apache/maven/buildcache/xml/CacheConfigImplTest.java
index 7d692641..8b19884c 100644
--- a/src/test/java/org/apache/maven/buildcache/xml/CacheConfigImplTest.java
+++ b/src/test/java/org/apache/maven/buildcache/xml/CacheConfigImplTest.java
@@ -140,6 +140,7 @@ private void assertDefaults(Pair<String, Runnable>... overrides) {
     private void assertDefaults(Map<String, Runnable> overrides) {
         Map<String, Runnable> asserts = new HashMap<>();
         asserts.put("adjustMetaInfVersion", () -> assertFalse(testObject.adjustMetaInfVersion()));
+        asserts.put("calculateProjectVersionChecksum", () -> assertFalse(testObject.calculateProjectVersionChecksum()));
         asserts.put("canIgnore", () -> assertFalse(testObject.canIgnore(mock(MojoExecution.class))));
         asserts.put("getAlwaysRunPlugins", () -> assertNull(testObject.getAlwaysRunPlugins()));
         asserts.put("getAttachedOutputs", () -> assertEquals(Collections.emptyList(), testObject.getAttachedOutputs()));
diff --git a/src/test/projects/mbuildcache-76/.mvn/extensions.xml b/src/test/projects/mbuildcache-76/.mvn/extensions.xml
new file mode 100644
index 00000000..8df78f8b
--- /dev/null
+++ b/src/test/projects/mbuildcache-76/.mvn/extensions.xml
@@ -0,0 +1,25 @@
+<?xml version="1.0" encoding="UTF-8"?>
+<!--
+
+    Copyright 2021 the original author or authors.
+
+    Licensed under the Apache License, Version 2.0 (the "License");
+    you may not use this file except in compliance with the License.
+    You may obtain a copy of the License at
+
+         http://www.apache.org/licenses/LICENSE-2.0
+
+    Unless required by applicable law or agreed to in writing, software
+    distributed under the License is distributed on an "AS IS" BASIS,
+    WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+    See the License for the specific language governing permissions and
+    limitations under the License.
+
+-->
+<extensions>
+    <extension>
+        <groupId>org.apache.maven.extensions</groupId>
+        <artifactId>maven-build-cache-extension</artifactId>
+        <version>${projectVersion}</version>
+    </extension>
+</extensions>
diff --git a/src/test/projects/mbuildcache-76/.mvn/maven-build-cache-config.xml b/src/test/projects/mbuildcache-76/.mvn/maven-build-cache-config.xml
new file mode 100644
index 00000000..67b961c0
--- /dev/null
+++ b/src/test/projects/mbuildcache-76/.mvn/maven-build-cache-config.xml
@@ -0,0 +1,26 @@
+<?xml version="1.0" encoding="UTF-8" ?>
+
+<!--
+Licensed to the Apache Software Foundation (ASF) under one
+or more contributor license agreements.  See the NOTICE file
+distributed with this work for additional information
+regarding copyright ownership.  The ASF licenses this file
+to you under the Apache License, Version 2.0 (the
+"License"); you may not use this file except in compliance
+with the License.  You may obtain a copy of the License at
+
+    http://www.apache.org/licenses/LICENSE-2.0
+
+Unless required by applicable law or agreed to in writing,
+software distributed under the License is distributed on an
+"AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY
+KIND, either express or implied.  See the License for the
+specific language governing permissions and limitations
+under the License.
+-->
+
+<cache xmlns="http://maven.apache.org/CACHE-CONFIG/1.0.0">
+  <configuration>
+    <projectVersioning calculateProjectVersionChecksum="true"/>
+  </configuration>
+</cache>
diff --git a/src/test/projects/mbuildcache-76/pom.xml b/src/test/projects/mbuildcache-76/pom.xml
new file mode 100644
index 00000000..7c973233
--- /dev/null
+++ b/src/test/projects/mbuildcache-76/pom.xml
@@ -0,0 +1,48 @@
+<!--
+
+    Copyright 2021 the original author or authors.
+
+    Licensed under the Apache License, Version 2.0 (the "License");
+    you may not use this file except in compliance with the License.
+    You may obtain a copy of the License at
+
+         http://www.apache.org/licenses/LICENSE-2.0
+
+    Unless required by applicable law or agreed to in writing, software
+    distributed under the License is distributed on an "AS IS" BASIS,
+    WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+    See the License for the specific language governing permissions and
+    limitations under the License.
+
+-->
+<project xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://maven.apache.org/POM/4.0.0"
+         xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/maven-v4_0_0.xsd">
+
+    <modelVersion>4.0.0</modelVersion>
+    <groupId>org.apache.maven.caching.test</groupId>
+    <artifactId>mbuildcache-76</artifactId>
+    <version>0.0.1-SNAPSHOT</version>
+    <packaging>jar</packaging>
+
+    <properties>
+        <maven.compiler.source>1.8</maven.compiler.source>
+        <maven.compiler.target>1.8</maven.compiler.target>
+    </properties>
+
+
+    <build>
+        <pluginManagement>
+            <plugins>
+                <plugin>
+                    <groupId>org.codehaus.mojo</groupId>
+                    <artifactId>versions-maven-plugin</artifactId>
+                    <version>2.16.0</version>
+                    <configuration>
+                        <generateBackupPoms>false</generateBackupPoms>
+                    </configuration>
+                </plugin>
+            </plugins>
+        </pluginManagement>
+    </build>
+
+</project>
diff --git a/src/test/projects/mbuildcache-76/src/main/java/org/apache/maven/buildcache/Test.java b/src/test/projects/mbuildcache-76/src/main/java/org/apache/maven/buildcache/Test.java
new file mode 100644
index 00000000..03f66a82
--- /dev/null
+++ b/src/test/projects/mbuildcache-76/src/main/java/org/apache/maven/buildcache/Test.java
@@ -0,0 +1,24 @@
+/*
+ * Licensed to the Apache Software Foundation (ASF) under one
+ * or more contributor license agreements.  See the NOTICE file
+ * distributed with this work for additional information
+ * regarding copyright ownership.  The ASF licenses this file
+ * to you under the Apache License, Version 2.0 (the
+ * "License"); you may not use this file except in compliance
+ * with the License.  You may obtain a copy of the License at
+ *
+ *  http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing,
+ * software distributed under the License is distributed on an
+ * "AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY
+ * KIND, either express or implied.  See the License for the
+ * specific language governing permissions and limitations
+ * under the License.
+ */
+package org.apache.maven.buildcache;
+
+class Test
+{
+
+}
\ No newline at end of file