Continuous supply of services requires invoices issued on payment or event completion within the prescribed period. For continuous supply of services, invoices must be issued in relation to the timing of payment or contractual events and always within the prescribed period. If the due date of payment is ascertainable from the contract, the invoice is to be issued before or after the payment becomes liable, whether or not payment is received. If the due date is not ascertainable, invoices are issued before or after each receipt of payment. If payment is linked to event completion, invoices are issued before or after completion, each time within the prescribed period.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Continuous supply of services requires invoices issued on payment or event completion within the prescribed period.
For continuous supply of services, invoices must be issued in relation to the timing of payment or contractual events and always within the prescribed period. If the due date of payment is ascertainable from the contract, the invoice is to be issued before or after the payment becomes liable, whether or not payment is received. If the due date is not ascertainable, invoices are issued before or after each receipt of payment. If payment is linked to event completion, invoices are issued before or after completion, each time within the prescribed period.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.