Time of Supply under GST - GST Registration, GST cancellation, GST Return Filing

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Time of Supply under GST


Time of Supply


Time of Supply of Goods


Earlier of
Date of issuing invoice
Or
the last day by which invoice should have been issued
or
Date of receipt of payment

Time of Supply of Services


In case of Invoice issued within 30days/45 days

Earliest of
Issue of Invoice
or
Date of receipt of payment
 

In case of Invoice not issued within time

Earliest of
Provision of Service
or
Date of receipt of payment

Change in Rate of Tax in respect of supply of goods or service


Supply is completed before the change in rate of tax

Invoice issued before date of change in tax rate
Payment received before date of change
in tax rate
Time of supply
Applicable
rate of tax
   No
No
Earliest of the date of
Invoice or payment
New rate of
Tax
 Yes
No
Date of issue of invoice
Old tax rate
No
Yes
Date of receipt of payment
Old tax rate

 Supply is completed before the change in rate of tax


Invoice issued before date of change in tax rate
Payment received before date of change
in tax rate
Time of supply
Applicable
rate of tax
   Yes
Yes
Earliest of the date of
Invoice or payment
Old rate of Tax
 Yes
No
Date of receipt of payment
New rate of Tax
No
Yes
Date of issue of invoice
New rate of Tax