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<h1>GST Act 2016: 'Supply' Includes Sales, Transfers, Rentals, and More; Covers Service Importation and Non-Consideration Supplies.</h1> The Goods and Services Tax Act, 2016, defines 'supply' to include various forms of transactions involving goods and services, such as sales, transfers, barters, exchanges, licenses, rentals, leases, or disposals conducted for consideration in business activities. It also covers service importation and specific non-consideration supplies outlined in Schedule I. Schedule II clarifies the classification of transactions as goods or services. Transactions involving agents acting on behalf of principals are deemed supplies. The government can specify transactions as goods or services or neither. Services provided by aggregators under their brand are deemed supplies by the aggregator.