Lakshmikantha KR (53 Points)
14 October 2017
g mahesh Mundra
(Business and tax consultant)
(3296 Points)
Replied 14 October 2017
Rahul Prajapati
(Student)
(2282 Points)
Replied 14 October 2017
AS PER SECTION 12
1) For supply of Goods/services
GST shall be Payable at the earlier of :
a) The date of issue of an invoice by the supplier or the last date on which he is required to issue an invoice or
b) The date of receipt of payment by the supplier with regard to the supply
provided that where the supplier of taxable goods receives an amount upto 1k , the time of supply of such amount shall be the date of issue of invoice
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