Meaning of Furtherance of Business Under GST The term “business” has been defined but the phrase “in the course or furtherance of” has not been dealt with in any manner under the GST law.The literal meaning of the said phrase ‘in the course of or furtherance of ‘ is ‘during the act of or in
The Centre would levy and collect the Integrated Goods and Services Tax (IGST) on all inter-State supply of goods and services. The IGST mechanism has been designed to ensure seamless flow of input tax credit from one State to another. The inter-State seller would pay IGST on the sale of his goods to the Central