Time of supply

If supplier of Taxable goods received upto 1000/- excess amount against any bill raise by him , he has given the option that he can raise the Bill for the same in future.

As the GST applicability on adances for Goods being deferred by Notification 40/2017 CT , the above proviso hardly matters

Note : Advance reced. by composit dealer against Goods , GST applicable

Ok. If the value of supply of goods is 6000 and invoice is issued at Rs 6500. Then he need not print another invoice for 500 right?

NO..OOOOOOOOOOOOOO DEAR

IF THE BILL IS OF 6500/- & PAYMENT RECED. 7000/- FOR EXCESS 500/- THE BILL CAN BE RAISE BY SUPPLIER LATER ON.

 

Oh..... Thank you so much