https://www.taxtmi.com/article/detailed?id=7204 Supply is broadly defined to include transfers of goods and services for consideration, importation of services for consideration, and specified transfers without consideration. Classification rules treat transfers of title as goods and transfers without title as services; leasing, renting, work contracts and treatment of another's goods are examples of services. Composite supplies follow the principal supply rule, while mixed supplies are taxed by the highest-rate component. Schedules list gratuitous supplies treated as taxable and activities excluded from supply, including certain government and representative functions. en-us Thu, 12 Jan 2017 08:07:18 +0530 Thu, 12 Jan 2017 08:07:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7204 Supply is broadly defined to include transfers of goods and services for consideration, importation of services for consideration, and specified transfers without consideration. Classification rules treat transfers of title as goods and transfers without title as services; leasing, renting, work contracts and treatment of another's goods are examples of services. Composite supplies follow the principal supply rule, while mixed supplies are taxed by the highest-rate component. Schedules list gratuitous supplies treated as taxable and activities excluded from supply, including certain government and representative functions. Articles Goods and Services Tax - GST Thu, 12 Jan 2017 08:07:18 +0530 https://www.taxtmi.com/article/detailed?id=7204