According to the 21 days rule under GST, the tax invoice which is issued by supplier within 21 days from the date of goods delivered or services performed and no payment is made since then, the date of invoice will be considered as Time of Supply. GST will then be declared using the Tax Invoice issued.
However, unde the same rule, when the tax invoice is not issued within 21 days from the date of goods delivered or services performed, then the Time of Supply will have to fall back to the date of delivery. Therefore, you will need to declare GST for the delivery order instead.
1. Go to 21 Days Rule (under Tax module).
2. Retrieve all delivery order that not issued tax invoice within 21 days or retrieve delivery order that has declared GST.
3. Select delivery order which still have Outstanding GST Amount.
4. Declare GST by click on Submit GST for selected record(s).
5. To view which GST code has been declared, click on the hyperlink under Submitted GST Amount.
Note: When you issue tax invoice for a delivery order where invoice date is after 21 days of DO date, GST would be auto declared for the DO instead of the tax invoice.
You can read more on GST in TreezSoft by visiting these links:
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