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Meaning and scope of supply under GST (Part 1) - Since CGST SGST or IGST will be levied on supply of goods or services it is important to understand this term first

Dated:- 23-8-2016 - Section - 003 - Meaning and scope of supply MODEL GST LAW - GOODS AND SERVICES TAX ACT, 2016 - Draft June 2016 Sub Section (1) states that:- Supply includes (a) all forms of supply of goods and/or services such as sale, transfer, barter, exchange, license, rental, lease or disposal made or agreed to be made for a consideration by a person in the course or furtherance of business, (b) importation of service, whether or not for a consideration and whether or not in the course o .....

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