Taxcharcha
GST

Section 7 – Scope of Supply

Section 7(1) – Definition of Supply
Section 7(2) – Exceptions
– Activities specified as per schedule III

– Activities that are undertaken by CG, SG, Local Authority, that may be notified by the Government on the recommendation of the council, shall be treated neither as supply of goods or services.

Section 7(3) – Government has the power to notify the transactions
The Government on the recommendation of the council shall notify the transactions that are to be treated as :-
– A supply of goods and not a supply of services

Or

– A supply of services and not a supply of goods

Related posts

Notification No. 75/2018-Central Tax ,dt. 31-12-2018 – Seeks to fully waive the amount of late fees leviable on account of delayed furnishing of FORM GSTR-1 for the period July, 2017 to September, 2018 in specified cases.

Team Taxcharcha

72/2017-Central Tax ,dt. 29-12-2017 – Extends the due dates for monthly furnishing of FORM GSTR-1 for taxpayers with aggregate turnover of more than Rs.1.5 crores.

Team Taxcharcha

Circular No. 136/06/2020 – Clarification in respect of various measures announced by the Government for providing relief to the taxpayers in view of spread of Novel Corona Virus (COVID-19)

Team Taxcharcha