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CA Intermediate · Taxation · Tax Invoice; Credit and Debit Notes

Bansal Consultants, a registered supplier, provided taxable consulting services to a registered client in Pune on 1 July 2026 and completed them the same day. The invoice for the service was not issued until later. Within how many days from the date of supply of service must the invoice ordinarily be issued, assuming the supplier is not an insurer, banking company or financial institution?

The invoice must be issued within 30 days from the date of supply of the service. The longer period of 45 days is only for insurers, banking companies, financial institutions including NBFCs, so an ordinary consultant follows the 30 day rule.

  1. A15 days
  2. B30 daysCorrect
  3. C45 days
  4. D60 days

Explanation

For ordinary taxable supply of services, the tax invoice must be issued within 30 days from the date of supply of service. The 45 day period applies to insurers, banking companies, financial institutions and NBFCs. Fifteen and sixty days are not the prescribed periods.

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