banner_ad

Time of supply of goods

IPCC 142 views 4 replies
In case of continuous supply of goods what is the date of invoice if invoice date is later than statement of accounts
Eg..
Invoice date 21 jan
Removal of goods- 18 jan
31 jan
Statement of accounts- 5 jan
Replies (4)
The invoice must be issued within 30 days from the date when each event, specified in the contract and requiring the recipient to make any payment, is completed.
In case of continuous supply of goods, the invoice should be issued before or at the time of issuance of periodical statement/receipt of periodical payment [Section 31(4)].
Ya.. But the question is what is the date of invoice if it is issued after statement of accounts... Plz solv above example
time of supply is earliest of
1 date of payment
2 date of invoice
date of payment is not provided in questions


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details