Determine the time of supply (TOS) by giving reason in brief in each of the following cases in accordance with the provisions of CGST Act, 2017: (iii) A provided the professional services to B Ltd. on 16th July, 2021 and

Case Time of Supply (TOS) Reason (iii) 1st August, 2021 for first 50% payment and 11th August, 2021 for remaining 50% amount. As invoice is issued within 30 days from the date of completion of service, time of supply shall be date of invoice or date of receipt of payment, whichever is earlier. For first 50% payment time of supply is 1st August, 2021 and for the remaining 50% payment time of supply is 11th August, 2021.