goods in transit in july

TIME OF SUPPLY PROVISION SHALL BE APLLICABLE.

The time of supply of goods shall be the earlier of the following dates –
 (a) The date of issuing of invoice (or the last day by which invoice should   have been issued)
OR
(b) The date of receipt of payment
-whichever is earlier

If the supplier receives an amount up to Rs. 1000 in excess of the invoice amount, the time of supply for the extra amount shall be the date of issue of invoice (at the option of the supplier).

For (a) and (b)- The supply shall be assumed to have been made to the extent it is covered by the invoice or the payment (as the case may be).

For (b)- the date of receipt of payment shall be earlier of-
1. The date on which he entered the payment in his books 
OR 
2. The date on which the payment is credited to his bank account

TIME OF SUPPLY PROVISION SHALL BE APLLICABLE.

The time of supply of goods shall be the earlier of the following dates –
 (a) The date of issuing of invoice (or the last day by which invoice should   have been issued)
OR
(b) The date of receipt of payment
-whichever is earlier

If the supplier receives an amount up to Rs. 1000 in excess of the invoice amount, the time of supply for the extra amount shall be the date of issue of invoice (at the option of the supplier).

For (a) and (b)- The supply shall be assumed to have been made to the extent it is covered by the invoice or the payment (as the case may be).

For (b)- the date of receipt of payment shall be earlier of-
1. The date on which he entered the payment in his books 
OR 
2. The date on which the payment is credited to his bank account

TIME OF SUPPLY PROVISION SHALL BE APLLICABLE.

The time of supply of goods shall be the earlier of the following dates –
 (a) The date of issuing of invoice (or the last day by which invoice should   have been issued)
OR
(b) The date of receipt of payment
-whichever is earlier

If the supplier receives an amount up to Rs. 1000 in excess of the invoice amount, the time of supply for the extra amount shall be the date of issue of invoice (at the option of the supplier).

For (a) and (b)- The supply shall be assumed to have been made to the extent it is covered by the invoice or the payment (as the case may be).

For (b)- the date of receipt of payment shall be earlier of-
1. The date on which he entered the payment in his books 
OR 
2. The date on which the payment is credited to his bank account