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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 ..... respected sir what is the time of supply for a govt works contractor for canal work running over one yer thanking you - Reply By KASTURI SETHI - The Reply = Relevant extract of C.B.E. C. Flyer No. 13, dated 1-1-2018 Invoice in case of continuous supply of services In case of continuous supply of services, where, (a) the due date of payment is ascertainable from the contract; t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he invoice shall be issued on or before the due date of payment; (b) the due date of payment is not ascertainable from the contract; the invoice shall be issued before or at the time when the supplier of service receives the payment; (c) the payment is linked to the completion of an event; the invoice shall be issued on or before the date of completion of that event. Issue of invo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ice in case, where supply of service ceases under a contract before completion of supply In a case where the supply of services ceases under a contract before the completion of the supply, the invoice shall be issued at the time when the supply ceases and such invoice shall be issued to the extent of the supply made before such cessation. - Reply By Ganeshan Kalyani - The Reply = Advance receiv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed towards the service is subject to GST. - Reply By surabhi parihar - The Reply = In case of continuous supply of services, the time of supply shall be - (i) Where the due date of payment is ascertainable from the contract: The date on which the payment is liable to be made by the service receiver, whether or not any invoice has been issued or any payment has been received by the supplie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r of service; (ii) Where the due date of payment is not ascertainable from the contract: When the supplier of service receives the payment, or issues an invoice , whichever is earlier ; (iii) Where the payment is linked to the completion of an event : The time of completion of that event; - time of supply for works comtracts - Query Started By: - giri gattupalli Dated:- 8-4-2020 Goods ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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