Deemed supply: GST applies even without consideration for specified transfers, intra group and principal agent transactions, and imported services. Clause (c) of subsection (1) of section 3 deems certain transactions to be Supply even if made without consideration: (1) permanent transfer/disposal of business assets where input tax credit was availed; (2) supplies between related persons or distinct persons in the course or furtherance of business; (3) principal agent transfers where the agent supplies or receives goods on behalf of the principal; and (4) importation of services by a taxable person from a related person or from its establishments outside India in the course or furtherance of business.