To understand the meaning of the synonymic connotations Non-GST supply/Non-taxable supply/Exempted Supply/ Nil rated-supply and Zero rated supply does not seem very difficult at first.CGSTGST Departmental Audit – Only Audit in GST: A Detailed Analysis Raju Choudhary July 24, 2021 Departmental...
GST replaces which taxes? Before the introduction ofGST, there were multiple taxes, such as the service tax, central excise, and state value-added tax (VAT). However, GST is just one tax with three categories—IGST, SGST, and CGST—that depend on whether the performed transaction is intras...
Supply: Meaning of Supply 1. Supply includes all form of Supply of Goods and/or services or agreeing to supply for a consideration and in the course of or furtherance of business. It includes: Sale Transfer Barter Exchange License Lease Rental Disposal The word “Supply” means Involves transfe...