alleryStart learning →Under forward charge, what is the time of supply of goods?
AEarlier of invoice date or payment date
BLater of invoice date or payment date
CDate on which the goods are ordered
DDate of the buyer's first inspection
Answer & Solution
Correct answer: A. Earlier of invoice date or payment date
Section 12 fixes the liability on goods at whichever comes first, the invoice (or last date to invoice) or receipt of payment.
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