Activities or Transaction Excluded from Supply - Para 6 of Schedule III [Read with Section 7(2)]

Activities or Transaction Excluded from Supply - Para 6 of Schedule III [Read with Section 7(2)] https://www.taxtmi.com/manuals?id=5725 Paragraph 6 of Schedule III excludes actionable claims-other than lottery, betting, and gambling-from being treated as supply of goods or services, referencing the statutory definition of "actionable claim" from the applicable transfer law; this carve out places qualifying actionable claims outside the GST levy and collection regime except where expressly excluded. en-us Thu, 07 Nov 2024 12:31:00 +0530 Thu, 07 Nov 2024 12:31:00 +0530 TaxTMI RSS Generator Activities or Transaction Excluded from Supply - Para 6 of Schedule III [Read with Section 7(2)] https://www.taxtmi.com/manuals?id=5725 Paragraph 6 of Schedule III excludes actionable claims-other than lottery, betting, and gambling-from being treated as supply of goods or services, referencing the statutory definition of "actionable claim" from the applicable transfer law; this carve out places qualifying actionable claims outside the GST levy and collection regime except where expressly excluded. Manuals GST Thu, 07 Nov 2024 12:31:00 +0530 https://www.taxtmi.com/manuals?id=5725