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of <h1>Invoice Requirements for Continuous Supply Under CGST Act: Timing and Conditions for Goods and Services Explained</h1> In the context of continuous supply of goods and services under the CGST Act, an invoice for goods must be issued at or before the issuance of each statement of account or receipt of payment. For services, if the payment due date is specified in the contract, the invoice is issued by that date; if unspecified, it is issued upon payment receipt. If linked to an event, it is issued by the event's completion. If service supply ceases before completion, the invoice is issued at cessation for the supply made. The time of supply is taxable on a forward charge basis without distinguishing between single and continuous supply.
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