https://www.taxtmi.com/acts?id=23911 Determination of time of supply on a change in rate of tax follows special rules based on whether the supply occurs before or after the rate change, and on the timing of invoice issuance and payment receipt. The provision applies the earlier date of payment or invoice in specified cases, and deems receipt of payment to be the date of bank credit if credit occurs after four working days from the rate change. For this purpose, receipt of payment means the earlier of entry in the supplier's books or credit to the supplier's bank account. en-us Mon, 27 Mar 2017 16:58:15 +0530 Thu, 25 Jun 2026 15:42:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23911 Determination of time of supply on a change in rate of tax follows special rules based on whether the supply occurs before or after the rate change, and on the timing of invoice issuance and payment receipt. The provision applies the earlier date of payment or invoice in specified cases, and deems receipt of payment to be the date of bank credit if credit occurs after four working days from the rate change. For this purpose, receipt of payment means the earlier of entry in the supplier's books or credit to the supplier's bank account. Act-Rules GST Mon, 27 Mar 2017 16:58:15 +0530 https://www.taxtmi.com/acts?id=23911