https://www.taxtmi.com/article/detailed?id=7055 The Model GST law makes the supply of goods or services the central taxable event, encompassing transactions made for consideration, importation of services (whether or not for consideration), and specified supplies without consideration. Schedule II determines classification as goods or services; Schedule I lists specified no-consideration supplies; deemed supplies arise in agency and aggregator-brand arrangements; governments may notify reclassifications. The statute also defines continuous, composite, exempt and zero-rated supplies, and sets export/import of service tests based on location, place of supply, payment in convertible foreign exchange for exports, and separateness of establishments. en-us Wed, 02 Nov 2016 14:53:03 +0530 Wed, 02 Nov 2016 14:53:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7055 The Model GST law makes the supply of goods or services the central taxable event, encompassing transactions made for consideration, importation of services (whether or not for consideration), and specified supplies without consideration. Schedule II determines classification as goods or services; Schedule I lists specified no-consideration supplies; deemed supplies arise in agency and aggregator-brand arrangements; governments may notify reclassifications. The statute also defines continuous, composite, exempt and zero-rated supplies, and sets export/import of service tests based on location, place of supply, payment in convertible foreign exchange for exports, and separateness of establishments. Articles Goods and Services Tax - GST Wed, 02 Nov 2016 14:53:03 +0530 https://www.taxtmi.com/article/detailed?id=7055