Page 18 - Chapter 5 TOS

Ü Since in the given case, Change in rate of tax is on 18th July, 20XX, & Services have been supplied and
payment has been received before such change in rate, but invoice is issued after the change in rate.
Ü Thus, time of supply is date of receipt of payment, viz. 17th July, 20XX.
Ü Since the service of lodging upto a value of ₹ 1,000 was exempted at the time of supply, no GST is payable in
the given case.

Scan & Learn:-

"This questionnaire covers all question types from ICAI Study Material, MTPs, and
RTPs, Past Exam Questions. Students who wish to practice additional questions of a
similar pattern can scan the QR code."

V’Smart Academy 5.16 CA Vishal Bhattad 09850850800