https://www.taxtmi.com/forum/issue?id=120724 Sale of silver held as an investment by a company is a supply under Section 7(1) of the CGST Act when made for consideration, and is taxable even if the company's primary business is unrelated to precious metals and even if Input Tax Credit was not claimed. The statutory definition of business is broad and covers activities irrespective of pecuniary motive, volume, frequency, continuity or regularity, so an infrequent sale still qualifies as supply in the course or furtherance of business. en-us Wed, 21 Jan 2026 13:27:35 +0530 Thu, 22 Jan 2026 19:32:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120724 Sale of silver held as an investment by a company is a supply under Section 7(1) of the CGST Act when made for consideration, and is taxable even if the company's primary business is unrelated to precious metals and even if Input Tax Credit was not claimed. The statutory definition of business is broad and covers activities irrespective of pecuniary motive, volume, frequency, continuity or regularity, so an infrequent sale still qualifies as supply in the course or furtherance of business. Discussion-Forum GST Wed, 21 Jan 2026 13:27:35 +0530 https://www.taxtmi.com/forum/issue?id=120724