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    Explain the term “supply made in course or furtherance of business”.

    Answered 05-Aug-2022

    As per section 2(17) of CGST Act 2017, business is defined as an activity which includes any trade, commerce, manufacture, profession, vocation, adventure, wager, or any other similar activity, whether it is for a pecuniary benefit or not. Any activity or transaction which is incidental or ancillary to the above-mentioned list of activities. To conclude, we can say that any activity covered in the scope of business may constitute supply for the purposes of GST laws.

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