If sales invoice is on 30th June, Delivery and receipts is on 3rd July .
what should be charged ?
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transition issue
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vat excise stax..which tax is applicable on 30th june is charged...
gst is not charged
gst is not charged
In GST Point of Taxation is Time of supply:
The time of supply of goods shall be the earlier of the following dates –
(a) The date of issuing of invoice (or the last day by which invoice should have been issued)
OR
(b) The date of receipt of payment
-whichever is earlier
The above case is not covered under gst as invoice is issued on 30.06.2017. the same shall be liable to VAT only
In such a case VAT to be charged
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