Supply

2. SUPPLY

Abbreviation/Mnemonics Full Form

STB ELR LD S - Sale
(Different forms of Supply) T - Transfer
B - Barter
E - Exchange
L - Lease
R - Rental
L - License
D - Disposal
Related Persons: Scope +
Family + Sole agent

a) SCOPE S – Shares/Stock greater than or equal to 25% in both

C – Control
O - Officer/Director of each other's business
P - Partners in Business
E - Employer & Employee
b) Family = SC + PGBS (Dependent) S - Spouse
C – Children
+
P – Parents
G – Grandparents
B – Brothers
S – Sisters
c) SA Sole Agent/sole distributor/sole concessionaire
BENCH FLAG B - Bond to Bond Transfer
(Schedule III - Neither SOG nor SOS) E - Employee to Employer services
N - NTT to another NTT (Non-Taxable Territory)
C - Court/Tribunal (established under law)
H - High Sea Sale
F - Funeral, Burial & Mortuary Services (including
transportation)
L - Land & Completed Building Sale
A - Actionable Claims (Except L.B.G)
G - Government Officials
NTT Non-Taxable Territory
L.B.G Lottery, Betting & Gambling
NG - RC Notified by Government on the
Recommendation of Council
PN Promissory Note
BOE Bill of Exchange
RBI Reserve Bank of India
PSLCs Priority Sector Lending Certificates
SOG Supply of Goods
SOS Supply of Services
Person( I ) Person other than Individual
RCM Reverse Charge Mechanism
FCM Forward Charge Mechanism
OIDAR Online Information Database Access Retrieval

CA Ramesh Soni 2.1

 Supply
Abbreviation/Mnemonics Full Form
NTOR Non-Taxable Online Recipient
PTDOBA Permanent Transfer/Disposal of Business Asset
ITC Input Tax Credit
Notn Notification
Cir Circular
P.a.P.e Per Annum Per Employee
RP Related Person
DP Distinct Person
NSOG Neither Supply of Goods
NSOS Neither Supply of Services
IOS Importation of Services
C Without Consideration
T/f Transfer
TP Taxable Person
CC Completion Certificate
FO First Occupancy
(E) Whichever is Earlier
IPR Intellectual Property Rights
RTA Refrain/Tolerate/to do an Act
CDRCs Consumer Dispute Redressal Commission
MPs Member of Parliament
MLA Member of the Legislative Assembly
MLC Member of a Legislative Council
CMD Chairperson/Member/Director
CS & MS Composite Supply & Mixed Supply
TS Taxable Supply
FOC Free of Cost
I/IS/CGs Input/Input Services/Capital Goods
AOP/BOI Association of Persons/Body of Individuals

CA Ramesh Soni 2.2