Activities to be Treated as Supply under GST even if made without consideration

Schedule‑I of the CGST Rules 2017 pre­scribes the activ­i­ties which would be treat­ed as as Sup­ply under GST even if made with­out consideration.

  1. Per­ma­nent trans­fer or dis­pos­al of busi­ness assets where input tax cred­it has been availed on such
  2. Sup­ply of goods or ser­vices or both between relat­ed per­sons or between dis­tinct per­sons as spec­i­fied in sec­tion 25, when made in the course or fur­ther­ance of business:

Pro­vid­ed that gifts not exceed­ing fifty thou­sand rupees in val­ue in a finan­cial year by an employ­er to an employ­ee shall not be treat­ed as sup­ply of goods or ser­vices or both.

  1. Sup­ply of goods— 
    • by a prin­ci­pal to his agent where the agent under­takes to sup­ply such goods on behalf of the prin­ci­pal; or
    • by an agent to his prin­ci­pal where the agent under­takes to receive such goods on behalf of the

4. Import of ser­vices by a tax­able per­son from a relat­ed per­son or from any of his oth­er estab­lish­ments out­side India, in the course or fur­ther­ance of business.

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