Necessary elements that constitute supply under CGST/SGST Act

In order to constitute a ‘supply’, the following elements are required to be satisfied, i.e.-

  • the activity involves supply of goods or services or both;
  • the supply is for a consideration unless otherwise specifically provided for;
  • the supply is made in the course or furtherance of business;
  • the supply is a taxable supply; and
  • the supply is made by a taxable person.

Priyansh Minocha

Priyansh Minocha is C.E.O and Director at Amonest India Private Limited and Founder at Casolutionsglobal

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