https://www.taxtmi.com/forum/issue?id=119228 Schedule II classifies whether a transaction that already constitutes a supply is to be treated as supply of goods or services; it does not itself create a supply. Paragraph 4(c) deems goods forming part of business assets of a person ceasing to be a taxable person to be supplied immediately before cessation, unless the business is transferred as a going concern or carried on by a personal representative deemed taxable. The primary inquiry into whether an activity is a supply must be made under the statutory definition; Schedule II only determines the nature of an established supply. en-us Thu, 25 Jul 2024 11:34:56 +0530 Fri, 24 Jan 2025 10:40:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119228 Schedule II classifies whether a transaction that already constitutes a supply is to be treated as supply of goods or services; it does not itself create a supply. Paragraph 4(c) deems goods forming part of business assets of a person ceasing to be a taxable person to be supplied immediately before cessation, unless the business is transferred as a going concern or carried on by a personal representative deemed taxable. The primary inquiry into whether an activity is a supply must be made under the statutory definition; Schedule II only determines the nature of an established supply. Discussion-Forum GST Thu, 25 Jul 2024 11:34:56 +0530 https://www.taxtmi.com/forum/issue?id=119228