GST Rate for Invoicing After Revision

Others 2090 views 1 replies

Scenario 1: If supply, invoice, and payment all happen before 22nd September - then old rate applies.

Scenario 2: If supply is before but invoice and payment are after 22nd September - then the new rate applies.

Scenario 3: If supply and invoice are before but payment is after - the old rate will be applicable.

Scenario 4: If invoice and payment are before but actual supply happens after 22nd September - the old rate applies.

Scenario 5: If supply is after, invoice is before, and payment is after- the new rate applies. 

Replies (1)
Scenario Supply Invoice Payment GST Rate
1 Before Before Before Old Rate
2 Before After After New Rate
3 Before Before After Old Rate
4 After Before Before Old Rate
5 After Before After New Rate


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