Surya Enterprises received advance amount of ₹2,00,000 on 12-09-2020 from Ravi Kant against which invoice for the value of goods of ₹1,90,000 was issued on 16-09-2020. Balance amount of ₹10,000 on the request of Ravi Kan
CS Executive · Tax Laws · PYQS · December 2021
Surya Enterprises received advance amount of ₹2,00,000 on 12-09-2020 from Ravi Kant against which invoice for the value of goods of ₹1,90,000 was issued on 16-09-2020. Balance amount of ₹10,000 on the request of Ravi Kant was to be adjusted in the next bill which was issued by Surya Enterprises on 03-10-2020. The time of supply (TOS) for the amount of ₹10,000 under GST shall be__________.
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: GST
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