time of supply in gst

Which section governs the provisions regarding determining time of supply of goods?

Which section governs the provisions regarding determining time of supply of services?

The time of supply fixes the point when the
_______________ to / of GST arises.

4. Reverse charge means the liability to pay tax by the _______________ of goods or services or both instead of the _______________ of such goods or services or both.

What is the date of receipt of payment?

What is time of supply of goods, in case of forward charge?

What is time of supply of goods ,in case supplier opting for composition levy under section 10 of the CGST ACT,2017

Which notification removed the requirement of payment of tax on advance receipt case of supply of goods?

The relaxation of non payment of taxes on the advance receipt is only to the supplier of goods and not to the providers of service.

Mr. Ram sold goods to Mr. Shyam worth`5,00,000. The invoice was issued on 15th November. The payment was received on 30th November. The goods were supplied on 20th November. The time of supply of goods will be:—

M/s ABC made an arrangement with M/x PQR for supply of goods on 15th July, at this time goods didn’t cross frontiers. The payment of goods has been made on 16th July, while the invoice was made on 18th July. What will be the time of supply
in such a case?

Determine the time of supply of goods

Banke Bihari (Pedewala), is a famous sweets maufacturer, located and registered in Mathura, Uttar Pradesh. He received an order for 200 Kg. ofsweets on 2nd November, 2018 from M/s.
Ghoomghoom Travels (P) Ltd., located and
registered in same locality of Mathura for a total
consideration of Rs. 1,00,000/- on occasion of
Diwali festival. All 200 Kg. sweets were delivered
to M/s. Ghoomghoom Travels (P) Ltd. on 5th
November, 2018, but without invoice, as
accountant of Mr. Banke Bihari was on leave on
that day. However, the invoice was raised for the
same on 6th November, 2018, when the
accountant joined the office after leave. Payment
in full was made on 7th November, 2018.
Determine the time of supply of goods in this case

What is time of supply of goods liable to tax under reverse charge mechanism?

On 04.09.2018, supplier invoices goods taxable
on reverse charge basis to ABC & Co. ABC & Co.
receives the goods on 12.09.2018 and makes
payment on 30.9.2018. determine the time of
supply.

Mr. A, who has opted for composition levy, supplies
goods worth Rs. 24,300 to Mr. B and issues an
invoice dated 25.09.2018 for Rs. 24,300. and Mr. B
pays Rs. 25,000 on 1.10.2018 against such supply of
goods. The excess Rs 700 (being less than Rs.
1,000) is adjusted in the next invoice for supply of
goods issued on 5.01.2018. Identify the time of
supply and value of supply:

What is the time of supply of service if the invoice is issued within 30 days from the date of provision of service?

Mr. X enters into a contract with a client for
supply of certain services on 18.12.2017. GST is
payable on such services under forward charge.
Services are supplied on 25.12.2017 and
invoiced on 05.01.2018. The client makes
payment by cheque for the services on
29.12.2017 and such payment is credited to the
bank account of Mr. X on 06.01.2018. The
payment is recorded in the books of account of
the client and Mr. X on 30.12.2017 and 07.01.2018
respectively. The time of supply of services is:

M/s. Radhika Travels (P) Ltd., purchased a bus
chassis from M/s. Jyoti Motors Ltd., for a
consideration of Rs. 80.00 Lakh on 1-Aug-2018.
M/s. Radhika Travels (P) Ltd., sent the bus chassis
for body building to M/s. Hanumant Fabricators,
and paid in advance the total consideration of Rs.
25.00 Lakh on 10-Aug2018. M/s. HanumantFabricators, after completing the bus body,
informed M/s. Radhika Travels (P) Ltd., for
inspection of the work done on 1-Sep-2018. M/s.
Radhika Travels (P) Ltd., visited the work shop of
M/s. Hanumant Fabricators, on 7-Sep-2018, and
confirmed that the bus body was in accordance
with the terms of the contract. M/s. Hanumant
Fabricators, raised an invoice of Rs. 25.00 Lakh
on 15-Sep-2018, and supplied chassis along with
the bus body so constructed, along with the
invoice on 16-Sep-2018.
State the time of supply in this case, out of
the choices given below-

Mr. A purchases redeemable vouchers worth INR
8000/- on 1st January. The vouchers are
redeemable against purchase of any goods. The
vouchers are valid till 30th June. What will be the
time of supply in case of such vouchers?

Value of services rendered is Rs. 1,00,000/. Date
of issue of invoice is 5th October 2018. Advance
Received is Rs. 25,000/- on 20th September 2018.
Balance amount received on 7th October 2018.
What is the time of supply for Rs. 1,00,000/-

What is the time of supply of service in case of reverse charge mechanism?

What is the time of supply of service in case an associated enterprise receives services from the service provider located outside India?

Continuous supply of services means a supply
of services which is provided, or agreed to be
provided, continuously or on recurrent basis,
under a contract, for a period exceeding
_____________ with ________________ payment
obligations.

What is the time of supply of service for the supply of taxable services up to Rs.1000 in excess of the amount indicated in the taxable invoice?

What is the time of supply of vouchers when the supply with respect to the voucher is identifiable?

What is the time of supply of vouchers when the supply with respect to the voucher is not identifiable?

ABC Ltd. has purchased for its customers 50
vouchers dated 20.8.2018 worth Rs.100 each
from PQR Ltd., a footwear manufacturing
company. The vouchers were issued by ABC
Ltd. on 20.09.2018. the vouchers can be
encashed at retail outlets of PQR Ltd. The
employees of ABC Ltd. encashed the same on
01.10.2018. Determine the time of supply of
vouchers.

Ms. A purchased a gift voucher (it can be
redeemed against any product of the
departmental store) from a super market worth
Rs.2,000 on 30.7.2018 and gifted it to her friend
on the occasion of her marriage on 05.08.2018.
her friend encashed the same on 01.09.2018 for
purchase of a watch. Determine the time of
supply.

M/s. Tanatan received testing services from
Aquarian Solution (P) Ltd. on 10-May-2018. The
payment was entered in the books of account of
M/s. Tanatan on 16-May-2018 and was credited in
the bank account of supplier on 19-May-2018. In
the meantime, supplier issued invoice on 18-
May-2018. What will be the time of supply in this
case?