https://www.taxtmi.com/acts?id=29768 Time of supply on a change in tax rate is determined by the sequence of supply, invoice issuance and payment: if supply predates the rate change, time of supply is the earlier of payment or invoice when both occur after the change, the invoice date if invoice precedes but payment follows, and the payment date if payment precedes but invoice follows; if supply follows the rate change, time of supply depends similarly on which of invoice or payment occurred before or after the change. Receipt of payment means the earlier of accounting entry or bank credit, with bank credit after four working days treated as receipt. en-us Wed, 05 Jul 2017 14:23:42 +0530 Mon, 31 Jul 2017 15:50:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=29768 Time of supply on a change in tax rate is determined by the sequence of supply, invoice issuance and payment: if supply predates the rate change, time of supply is the earlier of payment or invoice when both occur after the change, the invoice date if invoice precedes but payment follows, and the payment date if payment precedes but invoice follows; if supply follows the rate change, time of supply depends similarly on which of invoice or payment occurred before or after the change. Receipt of payment means the earlier of accounting entry or bank credit, with bank credit after four working days treated as receipt. Act-Rules GST - States Wed, 05 Jul 2017 14:23:42 +0530 https://www.taxtmi.com/acts?id=29768