https://www.taxtmi.com/acts?id=28343 Classification under GST distinguishes activities as supply of goods or supply of services. Transfers of title in goods, including those where title passes on future payment, are supplies of goods; transfers of rights without title, treatment/process of another's goods, temporary transfers of intellectual property, and rights to use goods are supplies of services. Transfers of business assets that cease to be part of the business are supplies of goods, while private use or non-business use of business goods is a supply of services. Deemed supply arises on cessation of taxable status unless the business is transferred as a going concern or continued by a personal representative. en-us Wed, 28 Jun 2017 16:51:55 +0530 Tue, 04 Jul 2017 18:35:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28343 Classification under GST distinguishes activities as supply of goods or supply of services. Transfers of title in goods, including those where title passes on future payment, are supplies of goods; transfers of rights without title, treatment/process of another's goods, temporary transfers of intellectual property, and rights to use goods are supplies of services. Transfers of business assets that cease to be part of the business are supplies of goods, while private use or non-business use of business goods is a supply of services. Deemed supply arises on cessation of taxable status unless the business is transferred as a going concern or continued by a personal representative. Act-Rules GST - States Wed, 28 Jun 2017 16:51:55 +0530 https://www.taxtmi.com/acts?id=28343