Time-of-Supply-for-Services-on-Forward-Charge-under-GST

Time of Supply for Services on Forward Charge under GST

Service tax is currently applicable under the current indirect tax regime upon the provision of taxable services. The point of taxation helps in ascertaining when the service tax is actually payable to the central government by the recipient or the supplier. As per the point of taxation mechanism, on forwarding charge, the impacts of liability…