Can any one please say what is the time of supply for goods sent on sale or approval basis....
3 Replies
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 21 February 2019
When approved by Buyer & supplier issue the Tax Invoice
Priya Kashyap
(Student)
(7053 Points)
Replied 21 February 2019
gst on goods sent on approval basis shall be deemed supply of goods at the time of bill receipt..
Nithin Sivadas
(Senior Accountant)
(213 Points)
Replied 25 February 2019
date of issue of invoice or on expiry of 6 m whichever is earlier
refer sec 31(7) and sec 12(2)
refer sec 31(7) and sec 12(2)
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