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Time of Supply of Goods

In case of forward charge mechanism, the time of supply of goods shall be the earlier
of the following dates, namely:-
1 The date of issue of the invoice by the supplier or
2. The date on which the supplier receives the payment with respect to supply.
In case of a reverse charge, the time of supply shall be the earliest of the following
dates:
1. The date of receipt of goods
2. The date of payment
3. The date immediately after 30 days from the date of issue of an invoice by the
supplier.
In case of supply of vouchers, the time of supply shall be the following:
1. Date of issue of the voucher if supply is identifiable at that point.
2. Date of redemption of the voucher, in all other cases.
Time of Supply of Service
In case of forward charge mechanism, the time of supply of services shall be the earlier of
the following dates, namely:-
1. The date of issue of invoice by the supplier if the invoice is issued within the prescribed
period
2. The date of provision of service if the invoice is not issued within the prescribed period.
3. The date on which supplier receives the payment.
In case of a reverse charge, the time of supply of services shall be the earliest of the
following dates:
The date of payment recorded in the books of recipient or the date on which the payment
is debited from recipient’s bank account whichever is earlier.
2. The date immediately following 60 days from the date of issue of invoice by the supplier.
In case of supply of vouchers, the time of supply shall be the following:
1. The date of issue of invoice, if supply is identifiable at that point.
2. The date of redemption of voucher, in all other cases.
Place of Supply of Goods
Place of supply when there is movement of goods: -
1. Involves movement of goods whether by supplier or by the
recipient: - Place of supply of goods will be where goods are delivered
to the recipient.
2. Goods are delivered by the seller to a recipient on the direction of
third person: - The place of supply of goods will be the principal place
of business of 3rd person.
Place of supply when goods are supplied on vessel/ conveyance: -
.Location at which goods are taken on board
Exports and Imports: -
1. When goods are imported into India, place of supply will be the
location of the importer and IGST will levy on imports.
2. When goods are exported from India, the place of supply will be the
location of the importer and exports are exempted from GST.
Place of Supply of Services
1. When service provided to a registered person: - Place of supply shall be the place
of such registered person.

2. When service provided to anyone other than registered person: - Place of supply
shall be the location of the recipient where the address on record exist or shall be the
location of supplier of service in other cases.