Place of Supply Guidelines

Place of Supply Guidelines determine where goods or services are considered to be supplied for tax purposes. This location affects which state's or country's tax rules apply, such as GST or VAT. Factors include where the goods are delivered, where the service is performed, or the location of the recipient. Understanding these guidelines helps businesses charge the correct tax rate, comply with legal requirements, and avoid penalties. Essentially, they ensure that taxation happens in the right jurisdiction based on the nature and location of the transaction.