What are the necessary elements that constitute supply under CGST/SGST Act?

The following elements must be satisfied in order to constitute ‘supply’ under CGST/SGST Act –

  • The activity entails the supply of items/goods and services or both
  • Unless otherwise specified, the supply is for consideration
  • The supply is made in the course of doing business
  • The supply is made inside the taxable territory
  • The transaction is taxable; and
  • A taxable person makes the supply

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