Tax Guru: Liquidated Damages vs. “Tolerating an Act” under GST – Reframing the Debate through Substance
Explains why liquidated damages are generally not subject to GST unless linked to a supply. Highlights the importance of distinguishing compensation from ...
Liquidated Damages vs. “Tolerating an Act” under GST – Reframing the Debate through Substance
Tax Guru: Post-Sale Discount under GST: Legal Position & Changes in Union Budget 2026
Post-Sale Discount under GST: Legal Position & Changes in Union Budget 2026
The meaning of SUPPLY is the quantity or amount (as of a commodity) needed or available. How to use supply in a sentence.
Supply, in economic terms, refers to the total quantity of a product or service that is available for purchase, influenced by production capabilities and market conditions.
Supply can be in produced goods, labour time, raw materials, or any other scarce or valuable object. Supply is often plotted graphically as a supply curve, with the price per unit on the vertical axis and quantity supplied as a function of price on the horizontal axis.
In economics, supply refers to the quantity of a product available in the market for sale at a specified price and time. In other words, supply can be defined as the willingness of a seller to sell the specified quantity of a product within a particular price and time period.
We have enough supply for a number of years ahead. And as a side effect, they helped build up a small supply of succinate. This happens from time to time when supplies come in, usually at night.