Time and Value of Supply

Fix the tax point and taxable value before calculating GST.

Sections 12–154 section repository pages in rangeLaw cut-off: 26 Jul 2026double-check controls active

Legal-source rule: this chapter map explains and connects the law. The individual section page, operative Rules/notifications and official source determine the final legal position. Enacted but uncommenced changes are not treated as current law.

Chapter in 2 Minutes Section map Questions Connected law Practical application Official sources

Chapter in 2 Minutes

Transaction date can change the applicable rate, especially around a rate-change notification.
Goods and services use different time-of-supply rules.
Valuation can depend on related-party, consideration and prescribed-rule adjustments.
Do not apply an enacted but uncommenced amendment as current law.

Finin2min view: do not jump from a chapter headline to a tax conclusion. First identify the exact section, period, transaction facts, subordinate instrument and any State or judicial overlay.

Section-by-section map

Open the provision page for statutory text, amendment/status treatment and connected material. Historical/omitted provisions remain available only for the period in which they matter.

Section 12Time of supply of goodsOpen section Section 13Time of supply of servicesOpen section Section 14Change in rate of tax in respect of supply of goods or servicesOpen section Section 15Value of taxable supplyOpen section

Questions this chapter should answer

When does GST become payable?
Which rate applies when invoice, supply and payment straddle a rate change?
What amount is the taxable value?

These questions are written as practical reader prompts rather than keyword lists.