VATupdate

Share this post on

Can Time of Supply for a supplier be other than date of invoice / receipt of payment?

The tax point for VAT is often determined on the basis of when the transaction takes place. Or when the invoice is issued. Or when the invoice must be issued. Or when the payment is received. This article provides insight in the tax point rules in India.

Source: taxmann.com

Sponsors:

VAT news

Advertisements: