Certain Activity or Transaction whether it is Supply of Goods or Services- Para 7 Schedule II Read with Section 7(1A) - GST Ready Reckoner - GST

Activity or Transaction - Schedule II whether it is Supply of Goods or Services Section 7(1A) , states that; Where certain activities or transactions constitute a supply in accordance with the provisions of section 7(1), they shall be treated either as supply of goods or supply of services as referred to in Schedule II . [Note:- Before amendment it was clause (d) of section 7(1)(d) ] Read along with the definition of Goods services, Schedule II provide clarification regarding Which is the goods or services for taxability of GST Certain activity or transaction defined in Schedule II whether it is Supply of Goods or Services - As per para 7 of Schedule II of CGST Act - Supply of Goods Supply of goods by any unincorporated association or body of persons to a member thereof for cash, deferred payment or other valuable consideration - Supply of goods. [ Omitted paragraph 7 shall be omitted and shall be deemed to have been omitted with effect from the 1st day of July, 2017 . ]