Includes:

• (a) Any trade, commerce, manufacture, profession, vocation, adventure, wager or any other similar activity, whether or not for pecuniary benefit
• (b) Any activity or transaction in connection with or incidental or ancillary to clause (a)
• (c) Any activity or transaction in the nature of clause (a), whether or not there is volume, frequency, continuity or regularity
• (d) Supply or acquisition of goods including capital goods and services in connection with commencement or closure of business
• (e) Provision by a club, association, society, or any such body of facilities or benefits to members
• (f) Admission, for consideration, of persons to any premises
• (g) Services supplied by a person as holder of an office accepted in course of trade, profession or vocation
• (h) Activities of a race club including by way of totalisator or license to book maker
• (i) Any activity or transaction undertaken by Central Government, State Government or local authority as public authorities

Means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess.

A supply made by a taxable person to a recipient consisting of two or more taxable supplies of goods or services or both, or any combination thereof, which are naturally bundled and supplied in conjunction with each other in the ordinary course of business, one of which is a principal supply.

Two or more individual supplies of goods or services, or any combination thereof, made in conjunction with each other by a taxable person for a single price where such supply does not constitute a composite supply.

In relation to supply of goods or services or both includes:

• (a) Any payment made or to be made, whether in money or otherwise, in respect of, in response to, or for the inducement of the supply (excluding subsidies by Central or State Government)
• (b) The monetary value of any act or forbearance, in respect of, in response to, or for the inducement of supply (excluding subsidies by Central or State Government)

In relation to a registered person, means the central tax, State tax, integrated tax or Union territory tax charged on any supply of goods or services or both made to him and includes:

• (a) The integrated goods and services tax charged on import of goods
• (b) The tax payable under reverse charge provisions
• (c) Tax payable under IGST Act reverse charge
• (d) Tax payable under State GST Act reverse charge
• (e) Tax payable under UT GST Act reverse charge

But does not include the tax paid under the composition levy.

Means the credit of input tax.

In relation to a taxable person, means the tax chargeable under this Act on taxable supply of goods or services or both made by him or by his agent but excludes tax payable by him on reverse charge basis.

Includes:

• (a) An individual
• (b) A Hindu Undivided Family
• (c) A company
• (d) A firm
• (e) A Limited Liability Partnership
• (f) An association of persons or body of individuals
• (g) Any corporation established by Central Act, State Act or Government company
• (h) Any body corporate incorporated under laws of a country outside India
• (i) A co-operative society
• (j) A local authority
• (k) Central Government or State Government
• (l) Society under Societies Registration Act, 1860
• (m) Trust
• (n) Every artificial juridical person not falling within above

A person who is registered or liable to be registered under section 22 or section 24.

A person who is registered under section 25 but does not include a person having a Unique Identity Number.

Every kind of movable property other than money and securities but includes actionable claim, growing crops, grass and things attached to or forming part of the land which are agreed to be severed before supply or under a contract of supply.

Anything other than goods, money and securities but includes activities relating to the use of money or its conversion by cash or by any other mode, from one form, currency or denomination to another form, currency or denomination for which a separate consideration is charged.