https://www.taxtmi.com/article/detailed?id=10439 Time of supply fixes when GST liability arises: for goods and services it is generally the earlier of invoice issuance (or last invoice date under section 31) and receipt/entry of payment; reverse charge uses receipt/payment or a statutory days limit after invoice, with recipient book entry as fallback. Vouchers are taxed on issue if identifiable or on redemption. Where timing cannot be determined, return filing dates or actual tax payment govern, and additions to value (interest, late fees, penalties) are timed to receipt of such additions. en-us Mon, 06 Jun 2022 18:57:26 +0530 Mon, 06 Jun 2022 18:57:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10439 Time of supply fixes when GST liability arises: for goods and services it is generally the earlier of invoice issuance (or last invoice date under section 31) and receipt/entry of payment; reverse charge uses receipt/payment or a statutory days limit after invoice, with recipient book entry as fallback. Vouchers are taxed on issue if identifiable or on redemption. Where timing cannot be determined, return filing dates or actual tax payment govern, and additions to value (interest, late fees, penalties) are timed to receipt of such additions. Articles Goods and Services Tax - GST Mon, 06 Jun 2022 18:57:26 +0530 https://www.taxtmi.com/article/detailed?id=10439