Clarification on Time of Supply of Services of Spectrum Usage and Other Similar Services Under GST | Circular
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- Last Updated on 28 June, 2024
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Circular No.222/16/2024-GST dated June 26th, 2024
The CBIC has clarified that in case where full upfront payment is made by the telecom operator, GST would be payable when the payment of the said upfront amount is made or is due, whichever is earlier.
However, in cases where deferred payment is made by the telecom operator in specified instalments, GST would be payable as and when the payments are due or made, whichever is earlier.
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