Question 4 – Draft-Bills-Reports – Meaning and Scope of Supply – FAQ on GST dated 21.9.2016 based on Draft Model GST – Question 4 – Q 4. What are the necessary elements that constitute supply under MGL? Ans. In order to constitute a supply , the following elements are required to be satisfied, i.e.- (i) supply of goods and / or services; (ii) supply is for a consideration; (iii) supply is made in the course or furtherance of business; (iv) supply is made in the taxable territory; (v) supply is
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