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Query Details

Asked by Prashant on :Jul. 10, 2018

Suppose there is change in tax rate from say 6% t…

Suppose there is change in tax rate from say 6% to 12% in December. What would be the rate of tax i…

Suppose there is change in tax rate from say 6% to 12% in December. What would be the rate of tax if goods are supplied and invoice issued after change in rate, but full advance payment was in February?

0

Jeeba Jul. 11, 2018

You will be liable for the new rate of 12% as goods are supplied and invoice issued after the change in a rate of tax.

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