Supply under GST
venkoba shivapur (78 Points)
15 May 2020
meaning of supply & type of supply under GST
2 Replies
Shivam RC
(Student)
(23683 Points)
Replied 15 May 2020
Refer the Provision of Section 7 of the CGST Act 2017 to understand the concept of "SUPPLY".
There are mainly Two types of Supply under GST :
1). COMPOSITE SUPPLY.
2). MIXED SUPPLY.
The Taxability of above Supplies are laid down under Section 8 of the CGST Act 2017.
There are mainly Two types of Supply under GST :
1). COMPOSITE SUPPLY.
2). MIXED SUPPLY.
The Taxability of above Supplies are laid down under Section 8 of the CGST Act 2017.
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 16 May 2020
Supply is important event in determining Taxability of Transaction.
The Defination of 'supply' contains in section 7 of CGST Act & supply of goods & services agreed to be made with or without consideration in course or furtherance of business are covered under the ambit of GST.
The Defination of 'supply' contains in section 7 of CGST Act & supply of goods & services agreed to be made with or without consideration in course or furtherance of business are covered under the ambit of GST.
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