Time of Supply under GST refers to the point in time when goods or services are deemed to be supplied, determining the applicable tax rate and liability. It is crucial for businesses to correctly determine the time of supply to comply with GST regulations. The time of supply is generally the earliest of three events: the date of issuance of invoice, the date of receipt of payment, or the date of delivery of goods or completion of services. Understanding the time of supply helps businesses determine when to record transactions, calculate GST liabilities, and claim input tax credits. Overview of the concept of time of supply under GST and its significance for businesses.
Goods and Services Tax : Understand GST rules for Time of Supply (ToS) and Place of Supply (PoS) on subscription services offered via websites. Key example...
Goods and Services Tax : Explore the detailed analysis of Time of Supply (TOS) provisions under GST, including the point of taxation for goods and services...
Goods and Services Tax : Explore the impact of Section 14 of the CGST Act on GST rate changes, ensuring compliance and clarity for businesses....
Goods and Services Tax : Time of Supply under CGST Act, 2017: Learn about forward and reverse charges, invoicing, and specific cases for goods, services, v...
Goods and Services Tax : Learn how correctly assessing time of supply is crucial for tax calculation and avoiding revenue loss. Explore GST Act provisions ...
Goods and Services Tax : CGST Circular clarifies GST time of supply for spectrum usage services under deferred payment option, ensuring uniform application...
Goods and Services Tax : Clarification on GST time of supply for construction and maintenance services in NHAI Hybrid Annuity Mode (HAM) model. Key guideli...
Understand GST rules for Time of Supply (ToS) and Place of Supply (PoS) on subscription services offered via websites. Key examples and scenarios explained.
Explore the detailed analysis of Time of Supply (TOS) provisions under GST, including the point of taxation for goods and services.
CGST Circular clarifies GST time of supply for spectrum usage services under deferred payment option, ensuring uniform application across field formations.
Clarification on GST time of supply for construction and maintenance services in NHAI Hybrid Annuity Mode (HAM) model. Key guidelines provided.
Explore the impact of Section 14 of the CGST Act on GST rate changes, ensuring compliance and clarity for businesses.
Time of Supply under CGST Act, 2017: Learn about forward and reverse charges, invoicing, and specific cases for goods, services, vouchers, and more.
Learn how correctly assessing time of supply is crucial for tax calculation and avoiding revenue loss. Explore GST Act provisions and examples to ensure compliance.
Explore Section 12 of CGST Act 2017, focusing on the time of supply of goods and answering FAQs to understand tax liability, invoice, payments, reverse charge, vouchers, and more.
