https://www.taxtmi.com/acts?id=26933 Change in rate of tax determines the time of supply for affected transactions by reference to the sequencing of invoice issuance and receipt of payment. If supply occurs before the rate change, the time of supply is the earlier of invoice date or payment receipt when both occur after the change; otherwise the earlier of the two specific dates (invoice or payment) prevails according to which occurred before or after the change. Where supply occurs after the change, parallel rules allocate the time of supply to either payment date or invoice date depending on their sequencing, with a bank-credit proviso and an explanation defining date of receipt of payment. en-us Thu, 22 Jun 2017 14:04:41 +0530 Tue, 25 Jul 2017 18:26:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=26933 Change in rate of tax determines the time of supply for affected transactions by reference to the sequencing of invoice issuance and receipt of payment. If supply occurs before the rate change, the time of supply is the earlier of invoice date or payment receipt when both occur after the change; otherwise the earlier of the two specific dates (invoice or payment) prevails according to which occurred before or after the change. Where supply occurs after the change, parallel rules allocate the time of supply to either payment date or invoice date depending on their sequencing, with a bank-credit proviso and an explanation defining date of receipt of payment. Act-Rules GST - States Thu, 22 Jun 2017 14:04:41 +0530 https://www.taxtmi.com/acts?id=26933