GST amendment

IPCC 281 views 14 replies
Is there any amendment or change in the provisions of time of supply?? Are there any other important amendments need to be remembered??
Replies (14)
Please refer statutory update and RTP issued by institute. All amendment are important..

really very good information about GST amendment thanks to you admin good work.

Thank you, can you please tell me whether there is any change in time of supply of goods??
yes there is .time of supply of goods will be date of issue of invoice for all. irrespective of agg turn I.e 1.5cr
Ya TOS will be date of invoice / date of removal or making available whichever is earlier . Date of payment has been removed
Yes both are for goods only na, then when and where these are applicable like how?
Didn't get your query??
Aditi Jain and Hitesh I know both of your answers, I'm asking when and where to apply and
Aditi Jain aggregate turnover limit is for what??
earlier it was applicable i.e if turnover was 1.5cr and less than tos was date of issue of invoice but now it is irrelevant as if supply of goods than in all case tos will be Issue of invoice
Then, when the date of issue of invoice or the date of payment received whichever is earlier is applicable??
No not applicable
Ok thank you but when TOS is earlier of date of issue of invoice or the date of receipt of payment, in which case this is applicable?
It's not applicable in case of goods dear
Then receipt of date of payment is not applicable in all cases??


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