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TMI Blogtime of supply for works comtractsX X X X Extracts X X X X X X X X Extracts X X X X ..... time of supply for works comtracts X X X X Extracts X X X X X X X X Extracts X X X X ..... any tax invoice against govt departments such as r&b etc thanking you please discuss Reply By SHARAD ANADA: The Reply: Your service is continuous supply of service. Pl refer Sec 2(33) of CGST Act 2017 as under: Sec 2 (33) "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 ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ceeding three months with periodic payment obligations and includes supply of such services as the Government may, subject to such conditions, as it may, by notification, specify; The determination of stage of completion of services is an abstract one, unless specifically defined by contract, unlike in the case of goods where the volume of goods supplied can be easily tracked/ identified. Hence, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a contract for supply of service spanning over a definite period has been treated as a continuous supply, so that the tax dues are collected periodically. The law categorically provides for time limit to issue invoices as under: (a) where due date of payment is ascertainable: On or before the due date of payment; (b) where the due date of payment is not ascertainable: Before or at the time of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... receipt of payment; (c) where the payment is linked to the completion of an event (milestones): On or before the date of completion of that event. Reply By giri gattupalli: The Reply: thanks for your reply.kindly elaborate with example Reply By giri gattupalli: The Reply: respected sir agreement with r&b department of state govt made in fy 2016-17. works completed in fy 2016-17. check me ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... asure made by department in april 2017. but amount of one crore received in 2017 sep( gst period.) this is the scenario. please discuss thanking you Reply By KASTURI SETHI: The Reply: After in agreement with Sh.Sharad Anada' reply, I elaborate as under : Govt. contractor received the payment for above services in September, 17. In this case, time of supply of services is the date of rec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eipt of payment as per Section 13 (2)(b) & C of CGST Act. Your client was required to issue invoice on the date of the receipt of payment. Govt. contractor is covered under (c) above mentioned in the reply dated 14.2.20 of Sh.Sharad Anada Ji. Service has been completed on the date of payment. In this context, see Board's Flyer No.13 dated 1.1.18. Reply By giri gattupalli: The Reply: thank y ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ou sethi ji
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