Continuous Supply of Goods & Services under GST | With Examples | MUST WATCH | CA/CS/CMA | MM Sir
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- เผยแพร่เมื่อ 5 ก.ย. 2024
- In this lecture, we will understand the concept of Continuous Supply of Goods & Services under GST.
Continuous Supply of Goods [Sec 2(32) of the CGST Act]
means a supply of goods which is provided, or agreed to be provided, continuously or on recurrent basis, under a contract, whether or not by means of a wire, cable, pipeline or other conduit, and for which the supplier invoices the recipient on a regular or periodic basis and includes supply of such goods as the Government may, subject to such conditions, as it may, by notification, specify;
Continuous Supply of Services [Sec 2(33) of the CGST Act]
means a supply of services which is provided, or agreed to be provided, continuously or on a recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply of such services as the Government may, subject to such conditions, as it may, by notification, specify;
𝐁𝐔𝐘 𝐓𝐇𝐄 𝐂𝐎𝐌𝐏𝐋𝐄𝐓𝐄 𝐃𝐄𝐅𝐈𝐍𝐈𝐓𝐈𝐎𝐍 𝐂𝐇𝐀𝐏𝐓𝐄𝐑 𝐋𝐄𝐂𝐓𝐔𝐑𝐄𝐒: 𝐡𝐭𝐭𝐩𝐬://𝐫𝐳𝐩.𝐢𝐨/𝐥/𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧𝐬𝐚𝐧𝐝𝐀𝐝𝐦𝐢𝐧𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧
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Well..watch from kerala. 👍
Thanks sir kisi ka bhi samjh nhi aara tha par apka ek dam samjh aa gya 🙏
I’m an officer in CAG of India and about to appear in the departmental examination of RAE. Your lectures are very easy to understand and it’s helping me a lot. Thank you for your efforts for making it easy
Thanks. Best of Luck. Do join our WhatsApp Group.
Thankyou sir for this vedio 🙂
😚🙂
Thanks sir
ca final book or class available??
Launch for Nov 24 soon.
Awesome
Kirane ki dukan pr udhar khata b continous supply of good ka example bn skta h na sir... 😂😂
No
Pls sir ek full marathon upload kardo na for MAY 21
Sir, will IT/ITES services will be termed as continuous supply of service? As per contract, payment has to be done within 30 days of invoice and invoicing to be done quarterly.
Just wanted an clarification if this will be termed as continuous supply of service accordingly I can determine TOS, if it will be as per this provision only and not general TOS provision.
Sir one full marathon for may 21 PLZZ❤️
th-cam.com/video/v7oKpvB8b1w/w-d-xo.html
Sir how the goods will be sent to buyer in Continuous supply through Delivery Challan ? How the eway process will be ?
E-way bill can be issued everytime the goods being delivered to buyer.
@@mmforyou Sir , In such situation how the goods will be send to client through DC copy ? We can send through DC copy ?
Yes.
SIR PLEASE HELP ME WITH THIS Q
Ms. Smita Saxena, an experienced baker, joins Ms. Aashika Chaturvedi’s venture as an
employee for preparing cakes, for a professional fee of Rs. 50,000 per month. Ms. Jill Shah, an
independent food packaging expert, having her own consultancy firm, provides necessary
advice on food packaging to Ms. Aashika Chaturvedi’s Venture at Rs. 30,000 per month.
Which of these activities amount to Supply under GST? Justify. (IDT)
Employee-Employer is outside of GST. Services of Ms. Jill Shah will become supply as it is on P2P basis.