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Last date for issuing tax invoice for a supply of goods involving movement is:
AAt the time of supply
BOn or before delivery of goods
CWithin 30 days of supply
DOn or before removal of goods
Answer & Solution
Correct answer: D. On or before removal of goods
1. Sec 31(1)(a) — for supply of goods involving movement, invoice is to be issued on or before the time of removal of the goods for supply.
2. Sec 2(96) defines removal as dispatch by supplier or collection by recipient.
3. For supply not involving movement (Sec 31(1)(b)), invoice issued on or before delivery / making available.
_Source: ICAI BoS CA Final Paper 8, Ch 4 "Time of Supply", §Sec 31(1)(a)_
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