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

Dhanush Logistics, a registered person in Chennai, provides taxable services. Under the CGST Rules, within how many days after the supply of service must the tax invoice ordinarily be issued, assuming it is not an insurer, banking company or financial institution?

The invoice must ordinarily be issued within 30 days from the date of supply of service. The longer 45-day period is available only to insurers, banking companies and financial institutions including NBFCs, so it does not apply to Dhanush Logistics, a normal service provider.

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

Explanation

For taxable services by a person other than insurer, bank or NBFC, the invoice must be issued within 30 days from the date of supply of service. The 45-day period applies to insurers, banking companies and financial institutions including NBFCs.

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