State the provision of the CGST Act, 2017 and the rules made there under the GST law relating to the time limit for issuance of Tax invoice under the following independent circumstances: (Assume all suppliers are registe
CS Professional · Advanced Tax Laws · PYQS · December 2023
State the provision of the CGST Act, 2017 and the rules made there under the GST law relating to the time limit for issuance of Tax invoice under the following independent circumstances: (Assume all suppliers are registered under the GST) (iii) Prakash has entered into an agreement for continuous supply of repair and maintenance service for the entire financial year. Due date of payment is not ascertainable from the agreement.
Answer & Explanation:
Since due date of payment is not ascertainable from the continuous supply of agreement of service, Prakash has to issue tax invoice on or before the time when he receives the payment.
Topics: GST
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