continuous supply of services means a supply of services which is provided, or agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply of such services as the Government may, subject to such conditions, as it may, by notification, specify;
continuous supply of services means a supply of services which is provided, or agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply of such service as the Central or a State Government may, whether or not subject to any condition, by notification, specify;
continuous supply of services means a supply of services which is provided, or agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply of such services
More Definitions of continuous supply of services
continuous supply of services means a supply of services which is provided, or agreed to
continuous supply of services means a
a) where the due date of payment is ascertainable from the contract, the invoice shall be issued on or before the due date of payment;
b) where the due date of payment is not ascertainable from the contract, the invoice shall be issued before or at the time when the supplier of service receives the payment;
c) where the payment is linked to the completion of an event, the invoice shall be issued on or before the date of completion of that event. 51 However, there may be contracts of repair of heavy machinery where the goods are sent for repairs and the repairs takes more than 3 months. In that case, such contract would also be continuous supply of service. However, an area of doubt can be whether such contract can be stated to be provided continuously or on a recurrent basis under a contract. Normally, in case of repair contracts the time period is not fixed. There is no provision for periodic payment obligations. In Practical Scenario, sometimes the contracts are drafted in such a way that either there are no payment linkage with event or contract results in multiple events say approval by engineers or submission of record of work completed through running measurement bills. Hence, the contracts should be properly drafted to avoid any future litigations.
continuous supply of services means a supply of s ervice s w hich is provid e d, or
continuous supply of services means a supply of services
continuous supply of services means a supply of services which is
continuous supply of services means a supply of services which is provided, or agreed t o be provided, continuously or on recurren t basis, und er a contract, for a period exceed ing three mon ths with periodic p ayment ob ligations and includes s upply of such serv ices as the Governmen t may, subject to such cond itions, as it may, by notification, spec ify;
continuous supply of services means a supply of services which is provided, or agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply of such service as the Central or a State Government may, whether or not subject to any condition, by notification, specify;Author comments: The term continuous supply of services is used in the section 28 (5) which prescribes time limit for issuance of invoice.