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What is the time of supply for services in the case of reverse charge basis?
  • a)
    Date of payment credited to the supplier's bank account
  • b)
    Date of receipt of services
  • c)
    Date of payment debited in the recipient's bank account
  • d)
    Date immediately following sixty days from the date of the invoice
Correct answer is option 'D'. Can you explain this answer?
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What is the time of supply for services in the case of reverse charge ...
In the case of services on reverse charge basis, the time of supply is the earliest of the following dates: Date of payment credited to the supplier's bank account or Date of receipt of services or Date of payment debited in the recipient's bank account or Date immediately following sixty days from the date of the invoice.
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What is the time of supply for services in the case of reverse charge basis?a)Date of payment credited to the supplier's bank accountb)Date of receipt of servicesc)Date of payment debited in the recipient's bank accountd)Date immediately following sixty days from the date of the invoiceCorrect answer is option 'D'. Can you explain this answer?
Question Description
What is the time of supply for services in the case of reverse charge basis?a)Date of payment credited to the supplier's bank accountb)Date of receipt of servicesc)Date of payment debited in the recipient's bank accountd)Date immediately following sixty days from the date of the invoiceCorrect answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the time of supply for services in the case of reverse charge basis?a)Date of payment credited to the supplier's bank accountb)Date of receipt of servicesc)Date of payment debited in the recipient's bank accountd)Date immediately following sixty days from the date of the invoiceCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the time of supply for services in the case of reverse charge basis?a)Date of payment credited to the supplier's bank accountb)Date of receipt of servicesc)Date of payment debited in the recipient's bank accountd)Date immediately following sixty days from the date of the invoiceCorrect answer is option 'D'. Can you explain this answer?.
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