How does the GST act define the continuous supply of goods?
How does the GST act define the continuous supply of goods?
Chiranjibi Jun. 15, 2018
Following points summarize the meaning of continuous supply of goods:
- It refers to 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 channels,
- 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;
