[2] The time of supply of goods shall be the earlier of the following dates, namely:-
[a] the date of issue of invoice by the supplier or the last date on which he is required, under Section 31, to issue the invoice with respect to the supply; or
[b] the date on which the supplier receives the payment with respect to the supply
IS THE CLAUSE {B} IN EXISTENCE??
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Time of supply of goods
Replies (1)
No...... actually the point of Tax in .case of supply goods arises only at the time of removable of Goods.
As per Notification 40,66/2017 CT , Registered person (Other than Composition dealer) is not required to pay GST on advance against supply of GOODS
As per Notification 40,66/2017 CT , Registered person (Other than Composition dealer) is not required to pay GST on advance against supply of GOODS
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