https://www.taxtmi.com/article/detailed?id=7504 Supplies under long term contracts are taxed by reference to the appointed day: supplies made before the appointed day are subject to pre GST law, while supplies made on or after the appointed day are taxable under GST (CGST/SGST or IGST). Progressive supply rules exempt supplies where consideration was received and tax paid under the earlier law before the appointed day. Transitional provisions in sections 139-142 govern migration, transitional input tax credit, job work and miscellaneous matters, and time/place of supply will follow GST rules. en-us Fri, 14 Jul 2017 06:41:31 +0530 Fri, 14 Jul 2017 06:41:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7504 Supplies under long term contracts are taxed by reference to the appointed day: supplies made before the appointed day are subject to pre GST law, while supplies made on or after the appointed day are taxable under GST (CGST/SGST or IGST). Progressive supply rules exempt supplies where consideration was received and tax paid under the earlier law before the appointed day. Transitional provisions in sections 139-142 govern migration, transitional input tax credit, job work and miscellaneous matters, and time/place of supply will follow GST rules. Articles Goods and Services Tax - GST Fri, 14 Jul 2017 06:41:31 +0530 https://www.taxtmi.com/article/detailed?id=7504