time of removal supply of goods
emmaneul a (22 Points)
01 May 2019
please confirm time of removal supply of goods and services invoice s
2 Replies
CA Shikha Sharma
(Ceo)
(3869 Points)
Replied 01 May 2019
removal of goods is the time of invoice preparation
and payment due/made is in case of service
and payment due/made is in case of service
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 02 May 2019
Goods :
As per Section 31 of CGsT Act :
A registered person supplying taxable goods shall, before or at the time of,—
(a) removal of goods for supply to the recipient, where the supply involves
movement of goods; or
(b) delivery of goods or making available thereof to the recipient, in any other
case,
In case of Service
As per Section 13 of CGST Act :
The time of supply of services is earlier of following
1.Date of ssue of Invoice
2. if invoice is not issued within prescribe time or date of receipt of payment whichever is earlier
3. Recepient show recepit of services in his books of Account (when 1 & 2 not applicable)
As per Section 31 of CGsT Act :
A registered person supplying taxable goods shall, before or at the time of,—
(a) removal of goods for supply to the recipient, where the supply involves
movement of goods; or
(b) delivery of goods or making available thereof to the recipient, in any other
case,
In case of Service
As per Section 13 of CGST Act :
The time of supply of services is earlier of following
1.Date of ssue of Invoice
2. if invoice is not issued within prescribe time or date of receipt of payment whichever is earlier
3. Recepient show recepit of services in his books of Account (when 1 & 2 not applicable)
Recent Topics
- Basic questions on parents buying property for the
- 26 AS.NOT ABLE TO LOGIN TO TRACES
- Immovable Construction ITC
- ITR Form Selection for Salary Arrears – FY 2
- Collection on Behalf of Client
- Form 24Q text file
- Form 26QB -Paid TDS 122750
- Reversal of Custom duty as per para 6.08 FTP 2023
- Filing ITR for commission income
- Clarification Regarding RCM Liability in GSTR-4 fo
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
