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Letís say there was increase in tax rate from 18% to 20% w.e.f. 1.6.2017. What is the tax rate applicable when goods are supplied and invoice issued after change in rate in June 2017, but full advance payment was already received in April 2017?

Question 14 - Acts - Time of Supply - FAQ on GST (2nd Edition) dated 31.3.2017 - Question 14 - Q 14. Let s say there was .....

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ce issued after change in rate in June 2017, but full advance payment was already received in April 2017? Ans. The new r .....

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