Prepared by :

Meaning Of Supply

general Meaning Of Supply iS “ TO give ”.

BuT everyThing Which iS Being given iS nOT Supply
under gST.
 OR

Business Goods Services Consideration Person

Business
Business Includes following:
any Trade , cOMMerce , ManufacTure ,
prOfeSSiOn fOr MOneTary/nOn MOneTary
purpOSe

any incidenTal Or ancillary acTiviTy

even if There iS a Single TranSacTiOn /

MulTiple TranSacTiOn , cOnTinuiTy dOeS nOT
MaTTer TO Be BuSineSS
 Supply Of gOOdS including capiTal gOOdS
and ServiceS.

prOviSiOn Of faciliTieS TO MeMBerS Of a cluB

,aSSOciaTiOn eTc..

adMiSSiOn Of perSOnS TO any preMiSeS.

 Services supplied by a person
as a Holder Of An Office.
(due to his professional skill he gets an Offer to be director of
a company).

ServiceS By a race cluB.

acTiviTieS are underTaken By cg ,Sg Or any

lOcal auThOriTy
What is Goods

GOODS
 Meaning of Movable Meaning of Immovable

Moveable item means the items Things which are attached to

which are not Immovable Earth
 MOney

` Includes

Bill of Promissory
Currency Cheque
Exchange Note
 Analysis
Means As per the meaning
Anything Other than Dealing in Land , Building ,
Goods , Money & Tower is covered under
Securities. Services because they are
other than Goods (movable).
cOnSideraTiOn

Something in return is
treated as Consideration.

It may be Cash or Kind .

There must be counter

obligation.
 Person

Natural Artificial Distinct

Person Person person
Natural
Person
Individual.

Artificial
Person
Schedule-1
 Schedule-i : fOllOWing acTiviTieS are Supply even
WiThOuT cOnSideraTiOn

1. Permanent transfer or Disposal of Business

assets where ITC has been availed.

2. Supply between related party

3. Supply by Principal to agent or

agent to principal
 Schedule-ii
DADI

acTiviTieS/TranSacTiOnS claSSified
aS
Supply Of gOOdS Or Supply Of
ServiceS.
 Schedule-ii : claSSificaTiOn BeTWeen gOOdS and
ServiceS

Food supplied in a restaurant is treated as Services

Sale of Building pre construction is treated as Services

Goods given on rent is treated as services

Goods sold on hire purchase system is treated as

“Goods”
 Schedule-ii : claSSificaTiOn BeTWeen gOOdS and
ServiceS

Transfer of software are treated as “Goods”

Works contract is treated as Services

Renting of immovable property is “Services”

SOn-in-laW Schedule-iii
acTiviTieS Which are
nOT Supply

These are Negative list

 Schedule-iii : negaTive liST under gST

Services by an employee to the employer in the course

of his employment.

Services by any court or Tribunal.

Functions performed by the members of parliament.

Services of funeral, burial, crematorium or mortuary

including transportation of the deceased.
 Schedule-iii : negaTive liST under gST

Sale of Land & Building post construction

Actionable claim , other than lottery , betting and

gambling.