Time of supply for goods on approval basis is when it's known whether supply occurs or six months from supply. Time of supply for goods sent on approval basis is the earlier of the moment when it is known whether a supply will take place and the six month period ... Summary
Time of supply for goods on approval basis is when it's known whether supply occurs or six months from supply.
Time of supply for goods sent on approval basis is the earlier of the moment when it is known whether a supply will take place and the six month period from the date of supply, establishing the event that triggers tax liability for such consignments.
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