The liability to pay tax on supply of services under reverse charge mechanism shall arise at the time of supply of services, which is earlier of:

  • Date of payment as per the books of accounts of the recipient or date on which payment is debited in the bank account, whichever is earlier
  • Date immediately following 60 days from the date of invoice
  • Date of entry in the books of account of the recipient, if the same could not be determined as per i. and ii. above