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Frequently Asked Questions on VAT


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What is the date of supply for goods/services under a contract involving periodic payments or invoices?

The date of supply in this case will be the earliest of the following dates:

  • The date when a tax invoice is issued
  • Receipt of the first payment
  • The due date of payment as displayed on the invoice

It should be noted that the date of supply cannot exceed one year from the date when the goods/services were provided.

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