If 95% of the work is complete before the change in rate of tax but invoice can be raised only after completion of supply, then what is the rate of tax to be applied?

Assuming the supply is completed after the change in rate of tax, new rate will apply.

(ICAI FAQ PUBLICATION 06-09-2017 : Time and Value of Supply -FAQ NO. 33)

Leave a Reply

Your email address will not be published. Required fields are marked *