![]() The date on which the payment is debited from his bank account.The date on which the recipient entered the payment in his books OR.For clause (b)- the date of payment shall be earlier of.If it is not possible to determine the time of supply under (a), (b) or (c), the time of supply shall be the date of entry in the books of account of the recipient. (c) the date immediately after THIRTY days from the date of issue of invoice by the supplier (60 days for services). ![]() In case of reverse charge, the time of supply shall be the earliest of the following dates. Reverse charge means the liability to pay tax is by the recipient of goods/services instead of the supplier. (c) Date when supplier recorded receipt in books 11th July 2021 (b) Date of receipt of payment 10th July 2021 The date on which the payment is credited to his bank account Example: The date on which he entered the payment in his booksĢ. For (b)- the date of receipt of payment shall be earlier of-ġ.For (a) and (b)- The supply shall be assumed to have been made to the extent it is covered by the invoice or the payment (as the case may be).If the supplier receives an amount up to Rs.1,000 in excess of the invoice amount, the time of supply for the extra amount shall be the date of issue of invoice (at the option of the supplier).(a) The date of issuing of invoice (or the last day by which invoice should have been issued) Updates: official site does not provide any info about changes in this version.The time of supply of goods shall be the earlier of the following dates: Want some tips on converting between VB and C#? Check out the article, "Convert Between VB.NET and C#" in Visual Studio Magazine's June 2005 issue by Dave Doknjas, President of Tangible Software Solutions Inc. Most Accurate and Reliable Source Code Converters. Convert Between VB, C#, C++, and Java with the. Tangible Software Solutions - The Most Trusted Name in Source Code Conversion.
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