GST Marks booster MCQ on Schedule II supply | CA | CS | CMA | Practitioners

Schedule II supply in CGST Act, 2017. The purpose of Schedule II is to classify supply into supply of goods or supply of services. S II do not determine the taxable event which is supply. S II can classify a single supply of goods into supply of services or single supply of services into supply of goods. Similarly in case of bundled supply of goods or services. If classification of schedule II is not applicable then we look into section 8. Classification by composite supply or mixed supply.