In general the supplier of goods or service is liable to pay GST . However, in specified cases a like imports and other notified supplies, the liability may be cast on the recipient under the reverse charge mechanism.
At the time of supply of Goods as explained in Section 12 and at the time of supply of services as explained in Section 13. The time is generally the earliest of one of the three events, namely receiving payment, issuance of invoice or completion of supply. Different situations envisaged and different tax points have been explained in the aforesaid sections
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|Asked: 12/15/18, 4:27 AM|
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|Last updated: 2/26/19, 4:12 AM|