Tuesday, 18 October 2016

MEANING OF SUPPLY UNDER GST LAW.


SECTION 3 OF THE MODEL GST LAW:- Provides meaning and scope of supply . Besides use of word "includes" it uses words "all forms of" and "such as" indicating Legislature intention of giving the widest possible meaning.

supply indicates:-


  • sale
  • Transfer
  • Barter
  • Exchange
  • License
  • Rental
  • Lease
  • Disposal

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