https://www.taxtmi.com/acts?id=30554 Section 14 fixes the time of supply when tax rates change by reference to invoice issuance and receipt of payment, allocating specific outcomes depending on whether the supply occurred before or after the rate change. The earlier of invoice date or payment date governs in the permutations provided, with a proviso that the date of receipt is the bank credit date if that credit occurs more than four working days after the rate change. The section explains that "date of receipt of payment" means the earlier of book entry or bank credit. en-us Tue, 25 Jul 2017 18:50:18 +0530 Tue, 25 Jul 2017 18:50:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30554 Section 14 fixes the time of supply when tax rates change by reference to invoice issuance and receipt of payment, allocating specific outcomes depending on whether the supply occurred before or after the rate change. The earlier of invoice date or payment date governs in the permutations provided, with a proviso that the date of receipt is the bank credit date if that credit occurs more than four working days after the rate change. The section explains that "date of receipt of payment" means the earlier of book entry or bank credit. Act-Rules GST - States Tue, 25 Jul 2017 18:50:18 +0530 https://www.taxtmi.com/acts?id=30554