Understanding the Concept of Supply under GST: A Comprehensive Guide
Goods and Services Tax (GST) is levied on the "supply" of goods and services, making it vital for businesses and taxpayers to fully understand its meaning, types, and implications. The broad definition of supply under GST ensures comprehensive tax coverage, helping to determine the tax liability for various business transactions.
Definition of Supply under GST
Under GST, “supply” refers to the sale, transfer,...
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