https://www.taxtmi.com/forum/issue?id=118193 GST under the reverse charge mechanism on director commission becomes payable based on the statutory time of supply: the earlier of the payment date (as entered in books or debited to bank) or the date following the statutory period after invoice. The CGST definition of consideration treats payments made or to be made as taxable; consequently GST remitted after the operative time of supply can attract interest for delayed payment. en-us Tue, 18 Oct 2022 17:31:35 +0530 Thu, 23 Jan 2025 15:54:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118193 GST under the reverse charge mechanism on director commission becomes payable based on the statutory time of supply: the earlier of the payment date (as entered in books or debited to bank) or the date following the statutory period after invoice. The CGST definition of consideration treats payments made or to be made as taxable; consequently GST remitted after the operative time of supply can attract interest for delayed payment. Discussion-Forum GST Tue, 18 Oct 2022 17:31:35 +0530 https://www.taxtmi.com/forum/issue?id=118193