Suggestions on GST Implementation Issues 28.09.2017 by ICAI Indirect Tax Committee
Law Related Issues
30. Change in Rate of tax w.r.t Supply of Services
Section 14 of the CGST Act indicates the provisions for determining the time of supply in
case where there is a change in the rate of tax in respect of services.
In case service has been provided before change in rate of tax the time of supply will be
date of payment or invoice whichever is earlier.
In case service has been provided after change in rate of tax the time of supply will be date
of payment or invoice whichever is later. In case both payment and invoice are received
before change in rate of tax the time of supply will be earlier of the two dates.
Suggestions
In order to avoid possible litigation, it must be suitably clarified regarding time of supply
in case of change in rate of tax w.r.t continuous supply of services/goods.
Read Suggestions on GST Implementation Issues 28.09.2017 by ICAI Indirect Tax Committee
Related Topic on GST
| Topic | Click Link |
| GST Acts | Central GST Act and States GST Acts |
| GST Rules | GST Rules |
| GST Forms | GST Forms |
| GST Rates | GST Rates |
| GST Notifications | GST Act Notifications |
| GST Circulars | GST Circulars |
| GST Judgments | GST Judgments |
| GST Press Release | GST Press Release |
| GST Books | Best Books on GST in India |
| GST Commentary | Topic wise Commentary on GST Act of India |
| GST You Tube Channel | TaxHeal You Tube Channel |
| GST Online Course | Join GST online Course |
| GST History | GST History and Background Material |