How is the time of supply for goods determined?
The following table explains certain scenarios in which goods are supplied and how the time of supply is determined:
|Date of Supply
|Goods sold under the management of the supplier
|The date on which the goods were sold.
|Goods sold without the management of the supplier
|The date on which the customer obtains the goods.
|Goods that require separate assembly or installation
|The date on which the goods are assembled or installed.