https://www.taxtmi.com/article/detailed?id=6974 Schedule II of the Model CGST/SGST Act classifies specified transactions as supply of goods or supply of services, but this classification may conflict with the Constitution's inclusive definition of "goods" which has been held to include certain intangibles; key litigation risks include treatment of intangibles as services, classification of packaged software supplied on physical media, and the tension between constitutional deemed-sale concepts (including works contracts and supply of food as part of a service) and Schedule II's treatment of those transactions as services. en-us Thu, 08 Sep 2016 16:16:54 +0530 Thu, 08 Sep 2016 16:16:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6974 Schedule II of the Model CGST/SGST Act classifies specified transactions as supply of goods or supply of services, but this classification may conflict with the Constitution's inclusive definition of "goods" which has been held to include certain intangibles; key litigation risks include treatment of intangibles as services, classification of packaged software supplied on physical media, and the tension between constitutional deemed-sale concepts (including works contracts and supply of food as part of a service) and Schedule II's treatment of those transactions as services. Articles Goods and Services Tax - GST Thu, 08 Sep 2016 16:16:54 +0530 https://www.taxtmi.com/article/detailed?id=6974