https://www.taxtmi.com/manuals?id=7821 Supply in GST is an inclusive concept requiring consideration and a nexus to business, though import of services for consideration and Schedule I transactions are treated as supply even without consideration. Schedule II distinguishes supplies of goods and services by reference to transfer of title versus transfer of right to use, covers leasing, construction, job work and works contracts as services, and treats transfer or private use of business assets with ITC implications. Schedule III lists activities that are neither goods nor services. Audit focus lies on classification, documentary evidence, ITC reversals and related party transactions. en-us Mon, 17 Mar 2025 13:14:00 +0530 Thu, 20 Mar 2025 16:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=7821 Supply in GST is an inclusive concept requiring consideration and a nexus to business, though import of services for consideration and Schedule I transactions are treated as supply even without consideration. Schedule II distinguishes supplies of goods and services by reference to transfer of title versus transfer of right to use, covers leasing, construction, job work and works contracts as services, and treats transfer or private use of business assets with ITC implications. Schedule III lists activities that are neither goods nor services. Audit focus lies on classification, documentary evidence, ITC reversals and related party transactions. Manuals GST Mon, 17 Mar 2025 13:14:00 +0530 https://www.taxtmi.com/manuals?id=7821