Supply without consideration: specified intra-group, principal-agent and cross-border related-party transactions are treated as taxable supplies. Specified transactions are treated as supply even without consideration: permanent transfer/disposal of business assets where input tax credit was availed; supplies between related or distinct persons in the course of business; principal-agent transfers where the agent supplies or receives goods on the principal's behalf; and import of services by a taxable person from a related person or from another establishment of the supplier outside India. Employer-to-employee gifts within a prescribed value are excluded from being treated as supply.