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Time of Supply

Umer Dar (6 Points)

24 July 2018

how to determine the time of supply in the case of vouchers.

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3 Replies

R. B. Yadav (CMA, LLB) (Tax Consultant) (590 Points)
Replied 24 July 2018

if voucher is for identified supply, date of voucher will be the time of supply,. else date of redemption of voucher

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Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 24 July 2018

As per section 12(4) CGST Act

In case of supply of vouchers by a supplier, the time of supply shall be-

[a] the date of issue of voucher, if the supply is identifiable at that point; or

[b] the date of redemption of voucher, in all other cases.

Shivam RC (Student) (23683 Points)
Replied 24 July 2018

1). If the supply is identifiable at the point of issue of Voucher - DATE OF ISSUE OF VOUCHER.

2). If the supply is not identifiable at the point of issue of Voucher - DATE OF REDEMPTION OF VOUCHER..

Refer SECTION 12(4) of CGST Act 2017...