Section 2(32) of CGST Act: Meaning of “Continuous Supply of Goods”
As per Section 2(32) of the Central Goods and Services Tax (CGST) Act, 2017, unless the context otherwise requires, the term “continuous supply of goods” has been defied, as under:
Section 2(32) of CGST Act: Definition of “Continuous Supply of Goods” (CHAPTER I – PRELIMINARY)
“continuous supply of goods” means a supply of goods which is provided, or agreed to be provided, continuously or on recurrent basis, under a contract, whether or not by means of a wire, cable, pipeline or other conduit, and for which the supplier invoices the recipient on a regular or periodic basis and includes supply of such goods as the Government may, subject to such conditions, as it may, by notification, specify.
The Central Goods and Services Tax (CGST) Act, 2017 was notified by Govt. on 12 April, 2017 and CBIC has notified the commencement date for various Sections/ Provisions thereof from time to time. Subsequently, Govt. has notified the Central Goods and Services Tax (CGST) (Amendment) Act, 2018 on 30 Aug. 2018. However, commencement date of amended provisions of various Sections is to be separately notified by CBIC, except where specifically mentioned in the CGST Amendment Act, 2018 itself.