8.11 the supply An insurer or a banking company or a financial involves institution, including NBFC, or a telecom operator, movement of or any other class of supplier of services as may be goods; or notified by the Government, making taxable supplies of services between distinct persons as (b) delivery of goods specified in section 25 or making available thereof to the recipient, in any other case. In case of continuous In case of continuous supply of services supply of goods Where successive Where the invoice shall be statements of issued accounts/ successive payments are (a) due date of payment is on or before the due involved, ascertainable from the date of payment the invoice shall be contract issued before/at the Time each such (b) due date of payment is before or at the time statement is issued or not ascertainable from the when the supplier of each such payment is contract service receives the received. payment on or before the (c) payment is linked to the date completion of an event of completion that event. Ritu Manufacturers, Delhi supplies goods to Prakhar Electronics, Haryana. The goods were removed from its factory in Delhi on 23rd September. Ritu Manufacturers needs to issue a tax invoice on or
8.11 the supply An insurer or a banking company or a financial involves institution, including NBFC, or a telecom operator, movement of or any other class of supplier of services as may be goods; or notified by the Government, making taxable supplies of services between distinct persons as (b) delivery of goods specified in section 25 or making available thereof to the recipient, in any other case. In case of continuous In case of continuous supply of services supply of goods Where successive Where the invoice shall be statements of issued accounts/ successive payments are (a) due date of payment is on or before the due involved, ascertainable from the date of payment the invoice shall be contract issued before/at the (b) due date of payment is before or at the time Time each such statement is issued or not ascertainable from the when the supplier of each such payment is contract service receives the received. payment (c) payment is linked to the on or before the date completion of an event of completion that event. Ritu Manufacturers, Delhi supplies goods to Prakhar Electronics, Haryana. The goods were removed from its factory in Delhi on 23rd September. Ritu Manufacturers needs to issue a tax invoice on or