5. Time of Supply

Q 1. What is time of supply?

Q 2. When does the liability to charge GST arise in respect of supply of goods?

Q 3. What is time of supply of continuous supply of goods?

Q 4. What is time of supply of goods sent on approval basis?

Q 5. Where it is not possible to determine the time of supply in terms of sub-section 2, 3, 5 or 6 of Section 12 or that of Section 13 of MGL, how will time of supply be determined?

Q 6. When does the liability to pay GST arise in respect of supply of services?

Q 7. What is time of supply of service when invoice is not issued within prescribed period?

Q 8. What is time of supply of service when invoice is issued within prescribed period?

Q 9. What does “date of receipt of payment” mean?

Q 10. Suppose, invoice is not issued and date of payment or date of completion of provision of service are also not ascertainable, what will be the time of supply?

Q 11. Suppose part advance payment is made or invoice issued is for part payment, whether the time of supply will cover the full supply?

Q 12. What is time of supply of service in case of tax payable under reverse charge?

Q 13. What will be the time of supply in continuous supply of services?

Q 14. Let’s say there was increase in tax rate from  18% to 20% w.e.f. 1.6.2017. What is the tax rate applicable when services provided and invoice issued before change in rate in April 2017, but payment received after change in rate in June 2017?

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