Supply without consideration declared to include business asset transfers and private use, with specified exclusions. The schedule defines supply without consideration to include permanent transfer or disposal of business assets; temporary application of business assets to private or non business use; services used for private or non business purposes; assets retained after deregistration; and supplies of goods or services by a taxable person to another person in the course or furtherance of business. It excludes treatment of goods supplied by a registered taxable person to a job worker as a supply.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Supply without consideration declared to include business asset transfers and private use, with specified exclusions.
The schedule defines supply without consideration to include permanent transfer or disposal of business assets; temporary application of business assets to private or non business use; services used for private or non business purposes; assets retained after deregistration; and supplies of goods or services by a taxable person to another person in the course or furtherance of business. It excludes treatment of goods supplied by a registered taxable person to a job worker as a supply.
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