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GST - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Classification of Supply - transfer (sale) of ongoing business / ...

Case Laws     GST

July 15, 2020

Classification of Supply - transfer (sale) of ongoing business / unit - supply of goods or supply of services or supply of goods services - The definition of services qualifies ‘anything other than goods’ as service. In this context it is obvious that the ‘going concern’, which was excluded form list of ‘supply of goods’, would automatically fall under ‘supply of services’

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