Time of Supply of Services - Basic [ Section 13 of CGST Act ] - GST Ready Reckoner - GST

Time of Supply of Services - Basic In order to calculate and discharge tax liability it is important to know the date when the tax liability arises i.e. the date on which the charging event has occurred. In GST law, it is known as Time of Supply. GST law has provided separate provisions to determine the time of supply of services section 13 of CGST 2017 , theses provision are applicable to intra-state supply, by virtue of section 20 of the IGST Act, 2017 , these provisions are also applicable to inter-State supplies leviable to Integrated tax. Section 13 provides for the determination of the time of supply in the following situations: Supply of service under forward charge, Supply of service under reverse charge, Supply of vouchers that can be used to pay for services, Residual provision Addition to value of supply of services by way of interest or late fee or penalty for delayed payment. But before started analysis of section 13, we should read section 31 of CGST Act 2017.