Time of Supply of Services – Residual provision [ Section 13(5) ]

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....per section 31 of CGST Act 2017. Time limit for issuance of invoice for supply of services under section 31 of CGST Act 2017 The criteria to determine the time of supply of services depend upon whether the invoice is issued within the time prescribed under section 31 of CGST Act 2017. * The tax invoice needs to be issued either before the provision of service or within 30 days (45 days in....

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....ate of payment is not known (iii) on/ before the date of completion of the milestone event when the payment is linked to completion of an event [Section 31(5)]. Continuous supply of services are provided, or agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding 3 months with periodic payment obligations and includes supply of such services as the G....

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....ed an amount of Rs.1,00,000/- against an invoice of Rs. 80,000/- on 01.04.2020. the supplier makes a supply against Rs. 20,000/- subsequently but no invoice was issued and no invoice records of adjustment of the said amount appear in books of the supplier. Here, the receipt of excess payment is actually an advance which does not create time of supply in case of supply of services. Since the supp....