https://www.taxtmi.com/acts?id=30003 Change in rate of tax fixes the time of supply: for supplies before the change, the earlier of invoice date or payment governs when both occur after the change; invoice governs if issued before the change and payment after; payment governs if received before and invoice after. For supplies after the change, payment governs if received after but invoice before; the earlier of invoice or payment governs if both before; invoice governs if issued after but payment before. "Date of receipt of payment" means earlier of book entry or bank credit, subject to a bank-credit timing exception. en-us Sat, 08 Jul 2017 09:51:49 +0530 Sat, 29 Jul 2017 14:36:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30003 Change in rate of tax fixes the time of supply: for supplies before the change, the earlier of invoice date or payment governs when both occur after the change; invoice governs if issued before the change and payment after; payment governs if received before and invoice after. For supplies after the change, payment governs if received after but invoice before; the earlier of invoice or payment governs if both before; invoice governs if issued after but payment before. "Date of receipt of payment" means earlier of book entry or bank credit, subject to a bank-credit timing exception. Act-Rules GST - States Sat, 08 Jul 2017 09:51:49 +0530 https://www.taxtmi.com/acts?id=30003