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:
|Situation||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.|