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 Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Understanding Time of Supply Under GST: Key Rules for Goods, Services, Vouchers, and Reverse Charge Transactions</h1> The time of supply under GST, determining when the liability to charge GST arises. For goods, it is the earlier of the invoice date or payment receipt. For services, it is the earlier of the invoice date, service provision, or payment receipt. Special rules apply for vouchers, reverse charge, and rate changes. The 'date of receipt of payment' is when payment is recorded in accounts or credited to the bank. Invoices for goods must be issued at removal or delivery, while for services, within 30 days (45 for banking/insurance). Continuous supply and approval-based sales have specific invoicing timelines.
TaxTMI 
TaxTMI 
