https://www.taxtmi.com/acts?id=27991 Rules classify transactions as supply of goods or supply of services by reference to the legal effect: transfer of title is supply of goods; transfer of rights without title is supply of services; deferred property transfer agreements are goods. Transfers of business assets out of the business are goods, while private use or making business goods available otherwise than for business is services. Specific activities listed as services include leases and lettings, treatment of goods, renting immovable property, construction (with conditions), IP use licences, IT development, and transfer of right to use goods. Composite supplies like works contracts are services. en-us Mon, 26 Jun 2017 18:18:22 +0530 Tue, 27 Jun 2017 18:41:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27991 Rules classify transactions as supply of goods or supply of services by reference to the legal effect: transfer of title is supply of goods; transfer of rights without title is supply of services; deferred property transfer agreements are goods. Transfers of business assets out of the business are goods, while private use or making business goods available otherwise than for business is services. Specific activities listed as services include leases and lettings, treatment of goods, renting immovable property, construction (with conditions), IP use licences, IT development, and transfer of right to use goods. Composite supplies like works contracts are services. Act-Rules GST - States Mon, 26 Jun 2017 18:18:22 +0530 https://www.taxtmi.com/acts?id=27991