Hello Sir,
In case of continuous supply of goods of a contract of the payment is to be done after completion of an event but the payment date is not ascertainable then when should the GST Invoice be raised..
For Example,
Scenario 1 : A company in a context of continuous supply of goods receives a instruction on 03/2021 to supply goods to one place and again on 07/2021 to supply same goods to the same place, then can the GST Invoice be raised on 07/2021 for both the supply if the supply is to be completed before 11/2021
Scenario 2: A Company receives a instruction on 05/2021 to deliver the goods on 12/2021 and the goods are transported during 05/2021 by the supplier then can the supplier raise the GST Invoice on 07/2021.
1 Raise invoice for each consignment. In case of single consignment for both the request invoice may be raised on 7th.
2 No , invoice has to be raised on 5th being date of transportation.
CAclubindia
