The question (12 marks)
“The taxable event under the goods and services tax is supply, and not sale.” Explain the meaning of supply, including the cases where there is a supply without consideration and the cases which are neither goods nor services, and state who is liable to be registered. (12 marks)
MU Module IV, supply, composite and mixed supply, and registration; pack ch. 04.
Plan your answer on paper before you look at the authorities — issue first, then the rule, then apply it to these facts.
It tests Unit 4 · GST and Maharashtra Profession Tax of Law of Taxation.
Authorities you will need
- Sections 2(52), 2(102), 7, 8 and 25 of the Central Goods and Services Tax Act
- Schedules I, II and III to the Central Goods and Services Tax Act
- Sections 22, 23, 24 and 25 of the Central Goods and Services Tax Act
- Section 12(2), Integrated Goods and Services Tax Act
How an answer is marked
A full-marks answer names the issue in one line, states the rule with its section, cites the authority, applies it to these facts and concludes — in that order. The app's model answer for this question is written in exactly that shape, with a checklist to mark your own attempt against.