Supply

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....; (aa) the activities or transactions, by a person, other than an individual, to its members or constituents or vice-versa, for cash, deferred payment or other valuable consideration.( w.e.f. 01 July 2017, N.No. 39/2021-Central Tax- dated 21.12.2021). Explanation.--For the purposes of this clause, it is hereby clarified that, notwithstanding anything contained in any other law for the time bein....

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.... which shall be treated as neither supply of goods nor supply of services * Schedule II to the CGST Act, 2017 contain the certain activities or transaction which are to be treated as either supply of goods or supply of services. For instance, any transfer of title in goods would be a supply of goods, whereas any transfer of right in goods without transfer of title would be considered as service....