Time of supply of services determines tax liability-earliest of invoice issuance, service provision, payment receipt, or recipient entry. Time of supply is the earliest of the date of issue of invoice (if timely) or receipt of payment, the date of provision of service (if invoice not timely) or receipt of payment, and otherwise the date the recipient records receipt in its books; special rules apply for reverse charge supplies, vouchers, fallback determinations, and additions to value (interest, late fee or penalty) which take effect when received.
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.
Time of supply of services determines tax liability-earliest of invoice issuance, service provision, payment receipt, or recipient entry.
Time of supply is the earliest of the date of issue of invoice (if timely) or receipt of payment, the date of provision of service (if invoice not timely) or receipt of payment, and otherwise the date the recipient records receipt in its books; special rules apply for reverse charge supplies, vouchers, fallback determinations, and additions to value (interest, late fee or penalty) which take effect when received.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
