Discuss the provisions of GST laws in respect of the following circumstances: R.K. Steel company received an order for supply of 1000 ton steel and supplied the same in installments as a continuous supply. What will be t

As per Section 31 of the Central Goods and Services Tax Act, 2017 in case of continuous supply of goods where successive statements of accounts or successive payments are involved the invoice shall be issued before or at the time each such statement is issued or as the case may be each such payment is received. Hence, in this case, R. K. Steel Company shall issue invoice either before or at the time of issuance of account statement or at the time of receipt of each payment.