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Time of supply

Bhanu Prasad (34 Points)

05 January 2019

For Time of supply of goods in forward charge last date for issue of invoice is......?
Can any body clarify me please.

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3 Replies

Ravi SADhiyan (Practice) (4510 Points)
Replied 05 January 2019

In Case Of Taxable Supply of Goods

A) Involving Movement of Goods- At The Time of Removal

B) No Movement of Goods - At The Time of Delivery

C) Sale or return supplies- i- Before or at the time of supply , or

ii-within 6 months from the removal

( whichever is earlier in i & ii )

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pritesh (CA Final student) (7101 Points)
Replied 05 January 2019

Time of Supply of Goods

Time of supply of goods is earliest of:

1. Date of issue of invoice

2. Last date on which invoice should have been issued

3. Date of receipt of advance/ payment*.

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 06 January 2019

As the GST on Advance for supply of Goods is being Deferred by Notification 40/2017 CT , the Time of supply of goods will be Removal of goods supply to Recepeint on Tax Invoice (As per section 31)

Note : Above not applicable to composit dealer

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