TIME OF SUPPLY

TIME OF SUPPLY

Section 12 Section 13 Section 14

Time of
Time of Time of
supply in case
supply in case supply in case
of change in
of goods of services
rate of GST
 DETERMINATION OF TIME OF SUPPLY FOR
GOODS IN THE FOLLOWING SITUTATIONS

Time of Supply of goods

Forward Reverse
Residual
charge charge Vouchers
cases
Mechanism mechanism
 SECTION 31 – TAX INVOICE – TIME OF ISSUE OF
INVOICE FOR SUPPLY OF GOODS
Time limit

When movement When movement of Continuous supply Goods taken

of goods is goods is not of goods on approval
required required

Before (or) at the time Date of payment (or) Approval date (or)
Before (or) at the of delivery of goods Date of issue of Six months from
time of removal of (or) making goods Statement of the date of sale,
goods available to the accounts, whichever whichever is earlier
recepient is earlier
TIME OF SUPPLY OF GOODS UNDER FORWARD CHARGE

Time of supply of goods

Invoice Payment

IRRELEVANT
Actual date Entry made Credited in
u/s 31
of invoice in books Bank A/c

WEE WEE

WEE
 TIME OF SUPPLY OF GOODS UNDER
ADVANCE PAYMENT

No GST will be payable on advances

received for supply of goods

Time of Supply – Date of Invoice

 TIME OF SUPPLY OF GOODS UNDER REVERSE CHARGE

Time of supply of goods

Date on which,
Date on which the Date Immediately
Date on which, payment as
payment is following 30 days
goods are entered in the
debited from from the date of
received books of account
bank account issue of invoice
of the recipient

WEE
In any other case → Date of entry of goods in the books of account of the recipient
TIME OF SUPPLY OF GOODS FOR VOUCHERS EXCHANGEABLE
FOR GOODS

Vouchers Exchangeable for goods

Supply – Identifiable Supply - Unidentifiable

Date of issue of Voucher Date of Redemption of Vouchers

 TIME OF SUPPLY – (NOT DETERMINABLE) -
RESIDUAL PROVISIONS
Time of supply of goods

Not determinable

Where periodical return has to

Other cases
be filed

Due date of filing return Date of payment of tax

DETERMINATION OF TIME OF SUPPLY FOR
SERVICES IN THE FOLLOWING SITUTATIONS

Time of Supply of services

Forward Reverse
Residual
charge charge Vouchers
cases
Mechanism mechanism
 SECTION 31 – TAX INVOICE – TIME OF ISSUE OF
INVOICE FOR SUPPLY OF SERVICES
Time limit

Normal supply of Continuous supply of

services services

Within 30 days of
Insurer/Banks/ Financial supply of service
Other cases
institutions/NBFC's

Due date of due date of Payment linked to

payment payment not completion of an
Within 45 days of Within 30 days of ascertainable ascertainable event
supply of service supply of service
Issued before (or) Issued on (or)
Issued on (or) at the time of before date of
before the due supplier receiving completion of
date of payment payment event
 TIME OF SUPPLY OF SERVICES UNDER FORWARD CHARGE
Time of supply of service

Invoice issued <30 days from supply of service (u/s 31)

In case of Banking/NBFC/Insurer< 45 days

Yes No

Actual date of Date of receipt of Date of provision of Date of receipt of

invoice payment service payment

WEE WEE

In any other case → Date of receipt of services in the books of account of the recipient
TIME OF SUPPLY OF SERVICES UNDER ADVANCE PAYMENT

Time of Supply

Advance Received before the issue Advance Received after the issue
of invoice of invoice

Time of Supply - Date of Advance Time of Supply - Date of Invoice

 TIME OF SUPPLY OF SERVICES UNDER
REVERSE CHARGE MECHANISM
Time of supply of service

Associated Enterprises(Supplier of
Other cases
service located outside India)

Date of entry in the Date immediately

books of account of Date of payment Date of payment following 60 days
the recepient of supply from the date of issue
of invoice by the
supplier

WEE WEE
TIME OF SUPPLY OF SERVICES FOR VOUCHERS
EXCHANGEABLE FOR SERVICES

Vouchers Exchangeable for service

Supply – Identifiable Supply - Unidentifiable

Date of issue of Voucher Date of Redemption of Vouchers

 TIME OF SUPPLY – (NOT DETERMINABLE) -
RESIDUAL PROVISIONS
Time of supply of service

Not determinable

Where periodical return has to

Other cases
be filed

Due date of filing return Date of payment of tax

 Addition in value by way of

Interest, late
fee/penalty for Date on which the
delayed supplier receives
payment of such addition in
consideration value