Amendment status not verified — confirm the current text below against the official source.
The word ―sub-section (2) of‖ Omitted by The Bihar Goods and Services Tax (Amendment) Act, 2018 (Bihar Act no. 14 of 2018) vide Notification No. 1039 Dated 10th December, 2018. 2025 BIHAR GOODS AND SERVICES TAX ACT, 2017 27 Compiled by Commercial Taxes Department, Bihar in Association with National Law Book Publications, Ghaziabad on which the payment is credited to his bank account, whichever is earlier. (3) In case of supplies in respect of which tax is paid or liable to be paid on reverse charge basis, the time of supply shall be the earlier of the following dates, namely:– (a) the date of payment as entered in the books of account of the recipient or the date on which the payment is debited in his bank account, which ever is earlier; or (b) the date immediately following sixty days from the date of issue of invoice or any other document, by whatever name called, in lieu thereof [by the supplier, in cases where invoice is required to be issued by the supplier; or]54 [(c) the date of issue of invoice by the recipient, in cases where invoice is to be issued by the recipient;]55 Provided that where it is not possible to determine the time of supply under clause (a) or clause (b) [or clause (c)]56, the time of supply shall be the date of entry in the books of account of the recipient of supply: Provided further that in case of supply by associated enterprises, where the supplier of service is located outside India, the time of supply shall be the date of entry in the books of account of the recipient of supply or the date of payment, whichever is earlier. [***]57 (5) Where it is not possible to determine the time of supply under the provisions of sub-section (2) or sub-section (3) or sub-section (4), the time of supply shall–– (a) in a case where a periodical return has to be filed, be the date on which such return is to be filed; or (b) in any other case, be the date on which the tax is paid. (6) The time of supply to the extent it relates to an addition in the value of supply by way of interest, late fee or penalty for delayed payment of any