TaxTMI 
TaxTMI 
Time of Supply of Goods – Under Reverse Charges [ section 12(3) ]
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....oods under RCM, we should read time limit of issue of invoice as per section 31 of CGST Act 2017. Time limit for issuance of invoice for supply of goods under section 31 of CGST Act 2017 * A registered person supplying taxable goods shall, before or at the time of, - * Removal of goods for supply to the recipient, where the supply involves movement of goods; or * Delivery of goods or making....
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.... 31(4)]. * In case of goods sent or taken on approval for sale or return, are removed before the supply takes place * Invoice should be issued before or at the time of supply or * 6 months from the date of removal, whichever is earlier [Section 31(7)]. We consider below how the time of supply is determined in each of these situations Time of supply of goods subject to reverse charge, ....
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....ce towards supply of Goods In view of the above Notification No. 66/2017, the supplier of goods is not liable to pay GST on receipt of advance against future supply. However, the relief of not paying GST at the time of receipt of advance is available only in case of supply of goods, the tax on which is payable under forward charge. If advance receipt in case of reverse charge, GST i....
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....goods subject to reverse charge under section 9(3) Section 9(3) of the CGST Act provides that the government, on the recommendations of the council will notify specific categories of goods and services on which tax has to be on reverse charge basis. Vide Notification No. 4/2017- CT - (Rate) dated 28 June 2017, the government has notified goods which shall be subjected to reverse charge mechani....