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of <h1>Decoding GST Law: Comprehensive Definitional Framework Unpacking Key Terms, Concepts, and Taxation Principles for Effective Implementation</h1> The text provides comprehensive definitions for various terms used in the Central Goods and Services Tax (GST) Act, 2017. It covers a wide range of definitions from 'actionable claim' to 'works contract', including key concepts like business, supply, taxable person, services, goods, consideration, and various types of taxes. The definitions are crucial for understanding and implementing the GST law, providing clarity on technical terms, tax-related concepts, and operational aspects of goods and services taxation in India.
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