7. (1) For the purposes of this Act, the expression \u201csupply\u201d includes\u2013\u2013<\/p>\n
(a) all forms of supply of goods or services or both such as sale, transfer, barter,
\nexchange, licence, rental, lease or disposal made or agreed to be made for a consideration
\nby a person in the course or furtherance of business;<\/p>\n
(b) import of services for a consideration whether or not in the course or
\nfurtherance of business;<\/p>\n
(c) the activities specified in Schedule I, made or agreed to be made without a
\nconsideration; and<\/p>\n
(d) the activities to be treated as supply of goods or supply of services as
\nreferred to in Schedule II.<\/p>\n
(2) Notwithstanding anything contained in sub-section (1),\u2013\u2013<\/p>\n
(a) activities or transactions specified in Schedule III; or<\/p>\n
(b) such activities or transactions undertaken by the Central Government, a
\nState Government or any local authority in which they are engaged as public
\nauthorities, as may be notified by the Government on the recommendations of the
\nCouncil,
\nshall be treated neither as a supply of goods nor a supply of services.<\/p>\n
(3) Subject to the provisions of sub-sections (1) and (2), the Government may, on the
\nrecommendations of the Council, specify, by notification, the transactions that are to be
\ntreated as\u2014<\/p>\n
(a) a supply of goods and not as a supply of services; or<\/p>\n
(b) a supply of services and not as a supply of goods<\/p>\n","protected":false},"excerpt":{"rendered":"
7. (1) For the purposes of this Act, the expression \u201csupply\u201d includes\u2013\u2013 (a) all forms of supply of goods or services or both such as sale, transfer, barter, exchange, licence, rental, lease or disposal made or agreed to be made for a consideration by a person in the course or furtherance of business; (b) import … Continue reading “Section 7 – Scope of supply of CGST ACT, 2017”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"_links":{"self":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts\/90"}],"collection":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/comments?post=90"}],"version-history":[{"count":1,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts\/90\/revisions"}],"predecessor-version":[{"id":91,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts\/90\/revisions\/91"}],"wp:attachment":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/media?parent=90"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/categories?post=90"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/tags?post=90"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}