VAT & SD Act 2012
Section 2 Clause 96 - Time of Supply
(as updated till Finance Ordinance 2025)
“time of supply” means-
(a) in case of supply of goods, the time when the possession of the goods is conferred or they are removed;
(b) in case of supply of services, the time when the service is rendered, generated, transferred or right conferred; or
(c) in case of supply of immovable property, the time when the property is delivered or created or transferred or vested;
Disclaimer: This is the authentic English text of The Value Added Tax and Supplementary Duty Act 2012, as published under SRO No. 440-Law/2025/326-Mushak dated 05 November 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.