X & Co. supplied goods of Y Ltd. as per the contract for the goods to be supplied. The goods were removed from the warehouse of X & Co. on 20th September, 2022 and were delivered to Y Ltd. on 1st October, 2022. T

CS Executive · Tax Laws · PYQS · June 2023
X & Co. supplied goods of Y Ltd. as per the contract for the goods to be supplied. The goods were removed from the warehouse of X & Co. on 20th September, 2022 and were delivered to Y Ltd. on 1st October, 2022. The invoice was issued on 10th October 2022 and the payment was credited to the bank account of X & Co. on 20th October, 2022. What is the time of supply?
(A) 20th September, 2022
(B) 1st October, 2022
(C) 10th October, 2022
(D) 20th October, 2022

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: GST

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