What is time of supply of goods sent on approval basis?
Question 4
Bill
Time of Supply
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 4. What is time of supply of goods sent on approval basis?
\nAns. In case of supply on approval basis, the time of supply shall be the time at which it is known whether a supply will take place or six months from the date of supply, whichever is earlier.
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