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of <h1>Clarification on Principal-Agent Relationship in GST: Supply by Agent Deemed Supply Without Consideration Under Schedule I</h1> The circular clarifies the scope of the principal-agent relationship under Schedule I of the Central Goods and Services Tax Act, 2017. It explains that the supply of goods by an agent on behalf of a principal is deemed a supply even without consideration. The key determinant is whether the agent issues invoices in their own name, indicating authority to transfer goods' title. Various scenarios are discussed to illustrate when agents are considered as such under the Act, affecting their registration requirements. Services by commission agents for agricultural produce are exempt from GST, influencing their registration obligations.
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