<p style="margin-left:7px; text-align:justify"><span style="font-size:14px"><strong>Earliest of the following dates:</strong></span></p>

<p style="text-align:justify">&nbsp;</p>

<ul>
	<li style="text-align:justify">
	<p><span style="font-size:14px">Date of payment as entered in the books of account of the recipient or the date on which the payment is debited in his bank account, whichever is earlier</span></p>
	</li>
</ul>

<p style="text-align:justify">&nbsp;</p>

<ul>
	<li style="text-align:justify">
	<p><span style="font-size:14px">Date immediately following 60 days from the date of issue of invoice or any other legal document in lieu of invoice by the supplier</span></p>
	</li>
</ul>

<p style="text-align:justify">&nbsp;</p>

<p style="margin-left:8px; margin-right:3px; text-align:justify"><span style="font-size:14px">However, if it is not possible to determine the time of supply in aforesaid manner, then the time of supply is the date of entry of the transaction in the books of accounts of the recipient of supply.</span></p>