Time of supply in Continuous supply of services under GST in India

Posted on 25 April 2023 Category : GST Law

How to determine Time of Supply in continues supply of services

Let us discuss with an example to find time of supply under continuous supply of services for the computation of GST in India.

X issued an Invoice against supply of service to Y on 15^th June. Due date as per agreed contract is on 14^th June. Payment received against such supply is on 17^th June. The event of such services completed on 17^th June where payment is linked to completion of event. In this example, the time of supply to determine GST tax liability is on 145^th June.

As per GST Law, the time of supply shall be the due date of payment, if ascertainable from the contract. If not ascertainable, it will be earliest of date of receipt of payment or the date of issue of invoice or completion of event where payment is linked to completion of event.

Let us have another example to make clear about determination of time of supply under continues supply of services for calculation of GST in India.

X issued an Invoice against supply of service to Y on 25^thMarch. Payment received against such supply is on 13^th March. The event of such services completed on 24^th March where payment is linked to completion of event. The due date for this contract is not ascertainable. In this example, the time of supply to determine GST tax liability is on 13^th March because the payment due date for this contract is not ascertainable.

This post explains about the determination of time of supply of continues supply of services to compute GST in India. Share below your comments about this post on time of supply determination on continues supply of services under GST in India.

Useful Information links:

Click here to know GST rate on Goods and Services

GST Exemption list of goods and services

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws

How to export your goods?

Registration procedures and formalities to obtain GSTIN
How many digits in GSTIN under Goods and Service Tax registration
Would multiple registration be allowed under Goods and Service Tax (GSTIN)?
Procedure for obtaining Registration number of GSTIN
Procedures to get GST Registration number for IT exempted proprietorship firms.
Process of application for registration under GST Act to obtain GSTIN
Different application Forms for registration under Goods and Service Tax Act (GSTIN)
Application for registration under GST Act to obtain GSTIN
GST registration and returns filing procedures for PSUs and Government entities
Re-registration of GST, Goods and Service Tax.
Cancellation of registration of GST
All about registration of GST in India, FAQ
Cancellation of GST Registration in India, FAQ
Can a person without GST registration claim ITC?
Why separate Registration of GST in each state in India, for each business.
Latest date to file GST registration in India
Procedures to obtain GST registration for non-resident taxable person
Is digital signature option available under registration of GST in India?
Advantages of GST registration in India
Who has to obtain GST registration in India?
Does GST registration number of my firm change time to time in India?