TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Understanding CGST/SGST Liability: Key Events Triggering Tax on Goods Supply</h1> The liability to pay Central Goods and Services Tax (CGST) or State Goods and Services Tax (SGST) on goods arises at the time of supply. The time of supply is the earliest of these events: the removal of goods, availability to the recipient, invoice issuance, payment receipt, or recipient's accounting entry. For continuous supplies, it is tied to the expiry of relevant periods or invoice/payment dates. In reverse charge cases, it is the earliest of goods receipt, payment, invoice receipt, or accounting entry. For goods on approval, it is when supply is confirmed or six months post-removal. If undeterminable, it aligns with return filing or tax payment dates.
TaxTMI 
TaxTMI 
