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TMI BlogSupply in the Course or Furtherance of BusinessX X X X Extracts X X X X X X X X Extracts X X X X ..... acquisition of goods including capital goods and services in connection with commencement or closure of business; (e) provision by a club, association, society, or any such body (for a subscription or any other consideration) of the facilities or benefits to its members; (f) admission, for a consideration, of persons to any premises; (g) services supplied by a person as the holder of an office which has been accepted by him in the course or furtherance of his trade, profession or vocation; (h) activities of a race club including by way of totalisator or a license to book maker or activities of a licensed book maker in such club; and (i) any activity or transaction undertaken by the Central Government, a State Government or any local authori ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... such restrictions specified under the law. Inputs, input services and capital goods are defined under the GST Act, 2017 Input services is defined under section 2(60) of the CGST Act, 2017 which means any service used or intended to be used by a supplier in the course or furtherance of business. However, there is one exception to this in the Course or Furtherance of Business rule i.e., Import of services by a person from a related person (wholly or mainly dependent on him) or from any of his other establishments outside India, in the course or furtherance of business. GST is essentially tax only on commercial transactions. Hence only those supplies that are in the course or furtherance of business qualify as Supply under GST. However, consi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that sale of old gold jewellery by an individual to a jeweler will not constitute supply as the same cannot be said to be in the course of furtherance of business of the individual. Sale of car for personal use by individual not a supply in course of furtherance of business. Prasadam supplied by religious place like temple, gurdwara, etc. not a supply in course of furtherance of business. Examples to understand Supplies made in the course and furtherance of business Supply of goods to an orphanage by any manufacturing company for free distribution to meet its CSR obligations will not get covered as a taxable as it is without consideration. Such distribution would be in the course of business for the company as meeting CSR obligations is an ..... X X X X Extracts X X X X X X X X Extracts X X X X
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