Time of supply determines when GST liability arises and when a supply is treated as having been made. Time of supply fixes the point at which the liability to charge GST arises and indicates when a supply is deemed to have been made; the Draft Model GST ... Summary
Time of supply determines when GST liability arises and when a supply is treated as having been made.
Time of supply fixes the point at which the liability to charge GST arises and indicates when a supply is deemed to have been made; the Draft Model GST distinguishes separate time of supply rules for goods and for services to determine the moment of taxability.
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