https://www.taxtmi.com/article/detailed?id=7063 Time of supply for goods fixes the CGST/SGST liability and is the earliest of: removal by the supplier where applicable; placing goods at recipient's disposal where removal is not required; invoice issuance; receipt of payment recorded in books or credited to bank; or entry of receipt in books. Continuous supplies use the period expiry tied to successive statements or payments, or otherwise earlier of invoice or payment. Reverse charge supplies use the earliest of receipt of goods, payment entry or bank debit by recipient, receipt of invoice, or debit in recipient's books. Residuary rule applies where none earlier apply. en-us Sat, 05 Nov 2016 06:29:41 +0530 Sat, 05 Nov 2016 06:29:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7063 Time of supply for goods fixes the CGST/SGST liability and is the earliest of: removal by the supplier where applicable; placing goods at recipient's disposal where removal is not required; invoice issuance; receipt of payment recorded in books or credited to bank; or entry of receipt in books. Continuous supplies use the period expiry tied to successive statements or payments, or otherwise earlier of invoice or payment. Reverse charge supplies use the earliest of receipt of goods, payment entry or bank debit by recipient, receipt of invoice, or debit in recipient's books. Residuary rule applies where none earlier apply. Articles Goods and Services Tax - GST Sat, 05 Nov 2016 06:29:41 +0530 https://www.taxtmi.com/article/detailed?id=7063