Supply of all goods and/or services is taxable under GST. Discuss the validity of the statement.

Question

Supply of all goods and/or services is taxable under GST. Discuss the validity of the statement.
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

The statement that "Supply of all goods and/or services is taxable under GST" is partially valid. Here's why:

  1. Definition of Supply: Under the Goods and Services Tax (GST) law, the term 'supply' is broadly defined. It includes all forms of supply of goods and/or services such as sale, transfer, b Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

This problem has been solved

Similar Questions

Supply of all goods and/or services is taxable under GST. Discuss the validity of the statement. 2.5 Marks

Services must be provided by a qualified supplier is an element of the Sale of Goods and Supply of Services Act 1980.

The exchange of goods and services for other goods and services is referred to as Blank______.Multiple choice question.investingexchangingbarteringfinancing

The dollar value of all the final goods and services that are produced during a fixed period of time is:

retailer selling goods to a customer for $88 and remitting $8 GST to the government.

1/3