Supply under GST requires consideration, nexus to business, taxable territory and status as a taxable person to qualify. Supply under the Model GST Law requires the following cumulative elements: supply of goods and/or services; supply for consideration; supply in the course ... Summary
Supply under GST requires consideration, nexus to business, taxable territory and status as a taxable person to qualify.
Supply under the Model GST Law requires the following cumulative elements: supply of goods and/or services; supply for consideration; supply in the course or furtherance of business; supply within the taxable territory; supply that is a taxable supply; and supply made by a taxable person.
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