Under the CGST Act 2017, 'SUPPLY' under Section 7 includes:

Question

Accepted Answer

B. All forms of SUPPLY of goods or services or BOTH — sale, transfer, barter, exchange, licence, rental, lease, or DISPOSAL — for a consideration in the course or furtherance of business

1. Section 7(1) CGST Act 2017 defines 'supply' as INCLUDING all forms of supply of goods or services or both — sale, transfer, barter, exchange, licence, rental, lease, or DISPOSAL — for a CONSIDERATION in the course or furtherance of business.
2. ALSO INCLUDED:
3. (i) Import of services for consideration (whether or not in business);
4. (ii) Activities specified in SCHEDULE I — even WITHOUT consideration (e.g., supplies between related persons or distinct persons);
5. (iii) Schedule II — classifies activities as goods or services (e.g., works contracts as service).
6. Section 7(2) EXCLUDES from supply: Schedule III activities (services of employees, court services, MP/MLA functions, etc.).
7. Hence option B is correct.
_Source: CS Executive Paper 4 Tax Laws (ICSI BoS) + Income Tax Act 1961 + CGST Act 2017 — Central Goods and Services Tax Act 2017, Section 7_

Answer

only sale of goods (cf. Central Goods and Services Tax Act 2017, Section 7) (cf. Central Goods and Services Tax Act 2017, Section 7) (cf. Central Goods and Services Tax Act 2017, Section 7)

Answer

only services (cf. Central Goods and Services Tax Act 2017, Section 7) (cf. Central Goods and Services Tax Act 2017, Section 7) (cf. Central Goods and Services Tax Act 2017, Section 7)

Answer

only barter (cf. Central Goods and Services Tax Act 2017, Section 7) (cf. Central Goods and Services Tax Act 2017, Section 7) (cf. Central Goods and Services Tax Act 2017, Section 7)