Section 2(17) of CGST Act 2017 :"Business" includes -
(a) any trade, commerce, manufacture, profession, vocation, adventure, wager or any other similar activity, whether or not it is for a pecuniary benefit;
(b) any activity or transaction in connection with or incidental or ancillary to sub-clause (a);
(c) any activity or transaction in the nature of sub-clause (a), whether or not there is volume, frequency, continuity or regularity of such transaction;
(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 (for a subscription or any other consideration) of the facilities or benefits to its members;
(f) admission, for a consideration, of persons to any premises;
(g) services supplied by a person as the holder of an office which has been accepted by him in the course or furtherance of his trade, profession or vocation;
(h) services provided by a race club by way of totalisator or a licence to book maker in such club ; and
(i) any activity or transaction undertaken by the Central Government, a State Government or any local authority in which they are engaged as public authorities.
Analysis - Pecuniary benefit means money is involved, so if money is not involved then also it considered as Business as per CGST Act,2017.
Definition of Business is not exhaustive.
Totalisator means a device showing the number and amount of bets staked on a race, to facilitate the division of the total among those backing the winner.
Bookmaker means a person whose job is to take bets (especially on horse races), calculate odds, and pay out winnings or you can say the manager of a betting shop.
Central Government and State Government working as public authorities like the Driving Licence Issuing Authority, Passport Issuing Authority, PAN Card Issuing Authority, Birth/Death Certificate Issuing Authority etc.
(a) any trade, commerce, manufacture, profession, vocation, adventure, wager or any other similar activity, whether or not it is for a pecuniary benefit;
(b) any activity or transaction in connection with or incidental or ancillary to sub-clause (a);
(c) any activity or transaction in the nature of sub-clause (a), whether or not there is volume, frequency, continuity or regularity of such transaction;
(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 (for a subscription or any other consideration) of the facilities or benefits to its members;
(f) admission, for a consideration, of persons to any premises;
(g) services supplied by a person as the holder of an office which has been accepted by him in the course or furtherance of his trade, profession or vocation;
(h) services provided by a race club by way of totalisator or a licence to book maker in such club ; and
(i) any activity or transaction undertaken by the Central Government, a State Government or any local authority in which they are engaged as public authorities.
Analysis - Pecuniary benefit means money is involved, so if money is not involved then also it considered as Business as per CGST Act,2017.
Definition of Business is not exhaustive.
Totalisator means a device showing the number and amount of bets staked on a race, to facilitate the division of the total among those backing the winner.
Bookmaker means a person whose job is to take bets (especially on horse races), calculate odds, and pay out winnings or you can say the manager of a betting shop.
Central Government and State Government working as public authorities like the Driving Licence Issuing Authority, Passport Issuing Authority, PAN Card Issuing Authority, Birth/Death Certificate Issuing Authority etc.
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