As per the fresh alert issued by Cyber Swachhta Kendra, GOI, it has been reported that a new wave of spam mails are circulating with common subject lines to spread variants of Locky ransomware. Reports indicate that over 23 million messages have been sent in this campaign. The messages contain common subjects like “please print”, […]
National open lesson Russia Focused on the Future As Russia celebrates the start of the school year and the Day of Knowledge, Vladimir Putin held the national open lesson Russia Focused on the Future. The event took place during a working trip to the Yaroslavl Region. More than 1 million schoolchildren around the country were […]
The invoice in respect of goods sent or taken on approval for sale or return shall be issued before or at the time of supply or six months from the date of approval, whichever is earlier.
In case of continuous supply of services, (a) where the due date of payment is ascertainable from the contract, the invoice shall be issued before or after the payment is liable to be made by the recipient but within a period prescribed in this behalf whether or not any payment has been received by the […]
In case of continuous supply of goods, where successive statements of accounts or successive payments are involved, the invoice shall be issued before or at the time each such statement is issued or, as the case may be, each such payment is received.
As per Section 28 of CGST/SGST Act a registered taxable person shall, before or after the provision of service, but within a period prescribed in this behalf, issue a tax invoice showing description, value of goods, tax payable thereon and other prescribed particulars.
As per Section 28 of CGST/SGST Act a registered taxable person shall issue a tax invoice showing description, quantity and value of goods, tax charged thereon and other prescribed particulars, before or at the time of (a) removal of goods for supply to the recipient, where supply involves movement of goods or (b) delivery of […]
The new rate of 20% shall be applicable as goods are supplied and invoice issued after 1.6.2017
The old rate of 18% shall be applicable as services are provided prior to 1.6.2017.
In such cases time of supply will be (i) where the payment is received after the change in rate of tax but the invoice has been issued prior to the change in rate of tax, the time of supply shall be the date of receipt of payment; or (ii) where the invoice has been issued […]