Determine the time of supply from the following particulars : 7th May Booking of banquet hall, sum agreed ₹25,000 advance of ₹4,000 received 16th September Function held in banquet hall 28th October Invoice issued for ₹2

CS Executive · Tax Laws and Practice · PYQS · June 2021
Determine the time of supply from the following particulars : 7th May Booking of banquet hall, sum agreed ₹25,000 advance of ₹4,000 received 16th September Function held in banquet hall 28th October Invoice issued for ₹25,000, indicating balance of ₹21,000 payable 4th November Balance payment of ₹21,000 received
(A) The time of supply of service to the extent of advance amount received is 7th May and the time of supply of service to the extent of the balance amount is 16th September
(B) The time of supply is 16th September for the all amount
(C) The time of supply is 28th October
(D) The time of supply is 4th November

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: GST

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic