For a Taxable Supply?

For a Taxable Supply?
★ Key Takeaways

For a Supply to Attract Gst, the Supply Must Be Taxable. Taxable Supply Has Been Broadly Defined and Means Any Supply of Goods or Services or Both Which, Is Leviable to Tax Under the Act. Exemptions May Be Provided to the Specified Goods or Services or to a Specified Category of Persons/ Entities Making Supply.

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Direct Answer • Key Takeaway

For a Supply to Attract Gst, the Supply Must Be Taxable. Taxable Supply Has Been Broadly Defined and Means Any Supply of Goods or Services or Both Which, Is Leviable to Tax Under the Act. Exemptions May Be Provided to the Specified Goods or Services or to a Specified Category of Persons/ Entities Making Supply.

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Alexander Ross
Author

Alexander Ross

Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.