ABC Ltd., supplied goods to XYZ Ltd. under a contract for the goods to be delivered to the factory of XYZ Ltd. The goods were removed from the factory of ABC Ltd. on 9th September, 2018 and the goods were delivered to th
CS Executive · Tax Laws · PYQS · December 2019
ABC Ltd., supplied goods to XYZ Ltd. under a contract for the goods to be delivered to the factory of XYZ Ltd. The goods were removed from the factory of ABC Ltd. on 9th September, 2018 and the goods were delivered to the factory of XYZ Ltd. on 15th September, 2018. The invoice was issued on 18th September, 2018 and the payment was credited to ABC's account on 20th Oct., 2018 although the entry in the books was made on 19th Sept., 2018 when the cheque was received. The time of supply in this case will be :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Goods and Services Tax (GST)
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