Follow Us :

Time of Supply

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.

Latest Articles


Determining Time of Supply under Section 14 of CGST Act: Implications for Tax Rate Changes

Goods and Services Tax : Explore the impact of Section 14 of the CGST Act on GST rate changes, ensuring compliance and clarity for businesses....

June 5, 2024 897 Views 0 comment Print

Time of Supply of goods and services under CGST Act, 2017

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...

January 15, 2024 1185 Views 0 comment Print

Understanding Time of Supply for GST Calculation

Goods and Services Tax : Learn how correctly assessing time of supply is crucial for tax calculation and avoiding revenue loss. Explore GST Act provisions ...

October 4, 2023 4170 Views 0 comment Print

Section 12 of CGST Act 2017: Time of Supply of Goods

Goods and Services Tax : Explore Section 12 of CGST Act 2017, focusing on the time of supply of goods and answering FAQs to understand tax liability, invoi...

April 12, 2023 23622 Views 0 comment Print


Latest Posts in Time of Supply

Determining Time of Supply under Section 14 of CGST Act: Implications for Tax Rate Changes

June 5, 2024 897 Views 0 comment Print

Explore the impact of Section 14 of the CGST Act on GST rate changes, ensuring compliance and clarity for businesses.

Time of Supply of goods and services under CGST Act, 2017

January 15, 2024 1185 Views 0 comment Print

Time of Supply under CGST Act, 2017: Learn about forward and reverse charges, invoicing, and specific cases for goods, services, vouchers, and more.

Understanding Time of Supply for GST Calculation

October 4, 2023 4170 Views 0 comment Print

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.

Section 12 of CGST Act 2017: Time of Supply of Goods

April 12, 2023 23622 Views 0 comment Print

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.

Search Post by Date
June 2024
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930