https://www.taxtmi.com/acts?id=23345 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. en-us Mon, 28 Nov 2016 12:43:08 +0530 Tue, 29 Nov 2016 14:55:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23345 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. Act-Rules Bill Mon, 28 Nov 2016 12:43:08 +0530 https://www.taxtmi.com/acts?id=23345