TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Understanding 'Supply' in GST: Includes Sale, Transfer, Barter; Exceptions in Schedules I-IV; Composite Tax Rules Apply</h1> The statutory provisions define 'supply' under the Goods and Services Tax Act as including all forms of goods and services transactions such as sale, transfer, barter, and more, conducted for consideration in business activities. It also covers services imported for consideration, regardless of business context, and certain supplies without consideration as per Schedule I. Schedule II helps determine whether a transaction is a supply of goods or services. Certain activities by government entities, as outlined in Schedules III and IV, are not considered supplies. The government can specify transaction classifications, and tax liability for composite or mixed supplies is based on the principal supply or the highest tax rate, respectively.
TaxTMI 
TaxTMI 
