Section 12 – Time of supply of goods
Section 12 of CGST Act, 2017 – Time of Supply of Goods Updated on: February 2026 (as amended and applicable till date) Prepared by: Yours Tax Consultant 1. Bare Act Text – Section 12 (Effective Provisions) Section 12(1): The liability to pay tax on goods shall arise at the time of supply, as determined in accordance with the provisions of this section. Section 12(2): The time of supply of goods shall be the earlier of the following dates: Date of issue of invoice or last date on which invoice is required to be issued under Section 31 Date on which the supplier receives payment Section 12(3): In case of supplies liable to tax under reverse charge, the time of supply shall be the earliest of: Date of receipt of goods Date of payment Date immediately following thirty days from the date of issue of invoice Section 12(4): Where it is not possible to determine the time of supply under sub-sections (2) or (3), the time of supply shall be the date...