Date of supply

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Date of supply

Mon Oct 15, 2018 4:28 pm

What is the date of supply?
The date of supply (or time of supply) for a transaction is the date when VAT is levied on the supply of goods and services involved in that transaction.

How is date of supply determined for goods?
The date of supply for goods is the earliest of the following dates:

  • Transfer of goods, if they’re being transferred under the supervision of the supplier
  • The date when the recipient takes possession of the goods, if they’re being transferred but not under the supervision of the supplier
  • Completion of assembly or installation of the goods
  • On arrival of the goods, if they are being imported from outside the BAHRAIN
  • Receipt of payment
  • The date when a tax invoice is issued
  • The recipient’s acceptance of supply/date within 12 months after the goods were transferred or places at the client’s disposal (if the supply was on a returnable basis)

How is the date of supply determined for services?
The date of supply for services is the earliest of the following:

  • Completion of the service
  • Receipt of payment
  • The date when a tax invoice is issued

What is the date of supply for goods/services under a contract involving periodic payments or invoices?
The date of supply in this case will be the earliest of the following dates:

  • The date when a tax invoice is issued
  • Receipt of the first payment
  • The due date of payment as displayed on the invoice
It should be noted that the date of supply cannot exceed one year from the date when the goods/services were provided.

What is the date of supply for vouchers?
The date of supply for vouchers is either the issuance of the voucher or the date when the supply is carried out thereafter.

What is the date of supply for goods where the payment is made through vending machines?
The date of supply for such goods is when the funds are collected from the machine.

What is the date of supply for deemed supplies of goods/services?
The date of supply for deemed goods/services is whichever of the following applies: the date when the supply is made, the date when the usage of the goods/services is changed, or the date when the taxpayer applies for deregistration.

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