May 07, 2024
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Whether transfer of right to use goods will be treated as supply of goods or supply of service? Why ?

Transfer of right to use goods shall be treated as supply of service because there is no transfer of title in such supplies.

Such transactions are specifically treated as supply of service in Schedule-II of CGST/SGST Act.


Tags
transfersupply-of-goodssuppliesgoodssupply-of-serviceschedule-ii