Chart 3 - Supply

Question 1

Section 8

Answer 1

8(a) composite supply
- treated as supply of principal supply

8(b) mixed supply
- treated as supply of that supply attracting highest rate

Question 2

Section 7

Answer 2

7(1) includes
7(1A) schedule II
7(2) Excludes

Question 3

Related persons

Answer 3

SCOPE

Shares/stock atleast 25% in both of them

Control

Officer/ director of each other’s business

Partners

Employees

Family- spouse, children
Parents, grandparents, brothers, sisters only of they are completely dependent

Question 4

7(1)

Answer 4

(a) Any form of supply for consideration and course/ furtherance of business

(b) importation of services for consideration

(c) schedule 1

   1. Permanent trf or disposal of business asset
  
    2. Supply between related persons  exception employee gift >50,000

    3. Supply between principal & agent

    4. Importation from related person

Question 5

7(2)

Answer 5

(a) Excludes

Schedule III

CAMEL G

Court/ tribunal services

Actionable claims other than betting lottery gambling

Mortuary, funeral, burial services

Employee to employer

Sale of land/ completed building

Govt. Official & CMD appointed by govt.

(b) activities under taken by CG/SG/LA

Question 6

7(3)

Answer 6

Govt. On recommendation of council can notify transactions