Understanding "Services" Under CGST Act, 2017: Exclusions, Inclusions, and Broad Interpretations Explained
The GST Ready Reckoner defines "services" under the CGST Act, 2017 as anything excluding goods, money, and securities, but includes activities related to money conversion for a fee and facilitating securities transactions. The definition excludes activities like title transfers of goods or property, employee services to employers, and court fees. Explanations clarify exclusions and exceptions, such as functions by government officials and certain transactions in money. "Activity" is broadly interpreted as any act or operation, while "consideration" includes all forms of payment for services. "Support services" cover outsourced operational functions but exclude non-substitutable government services.
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