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<h1>Supply without consideration treated as taxable under GST for related-party transfers, principal-agent dealings, and imported services.</h1> Schedule I deems certain transactions to be supply even without consideration: (1) permanent transfer/disposal of business assets on which input tax credit was taken; (2) supplies between related or distinct persons made in the course or furtherance of business, subject to a narrow employer-to-employee gift exception; (3) supplies between principal and agent where the agent supplies or receives goods on behalf of the principal; and (4) import of services by a taxable person from a related person or other establishment outside India in the course or furtherance of business.
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