Millionaire Mode

Accounting and Business Transactions - Class XI

Question 1 of 7

What is time of supply of goods liable to tax under reverse charge mechanism?

  1. Date of receipt of goods
  2. Date on which the payment is made
  3. Date immediately following 30 days from the date of issue of invoice by the supplier
  4. Earlier of a/b/c

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000