Continuous Supply

What is the section which relates to continuous supply.
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Quick Summary
This discussion clarifies the sections of the CGST Act related to continuous supply. It identifies Section 2(32) for goods and Section 2(33) read with Section 31(4) for services. Additionally, it points readers to Sections 12, 13, and 15 for determining payment, time of supply, and value of supply for both goods and services.

Section 2(32) and 2(33) of CGST ACT defines these terms
What are the sections which determine payment and time of supply and value of supply
Kindly refer section 12, 13 and 31
For continuous supply :
For Goods : Section 2(32) CGST Act
For Services; Section 2(33) CGST Act
R/w Section 31(4) of CGST Act .

Payment, Time of Supply & Value of Suplyy.

Time of supply of Goods : Section 12 CGST Act , R/w Notification 40/2017, 66/2017 (both CT)
Time Of supply of Services : Section 13 CGST Act

Valuation of Supply : Section 15 of CGST, R/w Valuation Rule.

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