Agent-supplied goods treated as deemed supply - invoice issuance and title transfer determine GST liability. Schedule I deems certain transfers of goods between principal and agent as deemed supply without consideration where the agent supplies or receives goods on behalf of the principal. The decisive criterion is the agent's representative character, objectively determined by whether the agent issues the invoice in his own name and has authority to transfer or receive title. Only goods (not services) fall within this entry. Agents who invoice in their own name or take possession and transfer title fall within Schedule I and may face registration obligations; agricultural commission agents may be exempt where underlying supplies are exempt.
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.
Agent-supplied goods treated as deemed supply - invoice issuance and title transfer determine GST liability.
Schedule I deems certain transfers of goods between principal and agent as deemed supply without consideration where the agent supplies or receives goods on behalf of the principal. The decisive criterion is the agent's representative character, objectively determined by whether the agent issues the invoice in his own name and has authority to transfer or receive title. Only goods (not services) fall within this entry. Agents who invoice in their own name or take possession and transfer title fall within Schedule I and may face registration obligations; agricultural commission agents may be exempt where underlying supplies are exempt.
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