Section 7
Scope of supply.
GST
LEVY AND COLLECTION OF TAX
Section 7 of Central Goods And Services Tax Act, 2017
CHAPTER III
\nLEVY AND COLLECTION OF TAX
\nScope of supply.
\n7. (1) For the purposes of this Act, the expression “supply” includes
\n (a) all forms of supply of goods or services or both such as sale, transfer, barter, exchange, licence, rental, lease or disposal made or agreed to be made for a consideration by a person in the course or furtherance of business;
\n 6[(aa) the activities or transactions, by a person, other than an individual, to its members or constituents or vice-versa, for cash, deferred payment or other valuable consideration.
\n Explanation.- For the purposes of this clause, it is hereby clarified tha<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n goods or supply of services as referred to in Schedule II.] = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n 19 vide Notification No. 02\/2019-Central Tax dated 29-01-2019) before it was read as, = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Section 7Scope of supply.GSTLEVY AND COLLECTION OF TAXSection 7 of Central Goods And Services Tax Act, 2017CHAPTER III LEVY AND COLLECTION OF TAX Scope of supply. 7. (1) For the purposes of this Act, the expression “supply” includes (a) all forms of supply of goods or services or both such as sale, transfer, barter, exchange, … Continue reading “Scope of supply.”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-2267","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/2267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2267"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/2267\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n(2) Notwithstanding anything contained in sub-section (1),
\n (a) activities or transactions specified in Schedule III; or
\n (b) such activities or transactions undertaken by the Central Government, a State Government or any local authority in which they are engaged as public authorities, as may be notified by the Government on the recommendations of the Council,
\n shall be treated neither as a supply of goods nor a supply of services.
\n(3) Subject to the provisions of 5[sub-sections (1), (1A) and (2)], the Government may, on the recommendations of the Council, specify, by notification, the transactions that are to be treated as-
\n (a) a supply of goods and not as a supply of servi<\/p>\n
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\n “(d) the activities to be treated as supply of goods or supply of services as referred to in Schedule II.”
\n4.
\nInserted vide Section 3 of the Central Goods and Services Tax (Amendment) Act, 2018 w.e.f 01-07-2017 (Amendment came into force w.e.f. 01-02-2019 vide Notification No. 02\/2019-Central Tax dated 29-01-2019)
\n5.
\nSubstituted vide Section 3 of the Central Goods and Services Tax (Amendment) Act, 2018 w.e.f 01-07-2017 (Amendment came into force w.e.f. 01-02-2019 vide Notification No. 02\/2019-Central Tax dated 29-01-2019) before it was read as, “sub-sections (1) and (2)”
\n6.
\nInserted vide Section 108 o<\/p>\n
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