https://www.taxtmi.com/acts?id=25074 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. en-us Thu, 11 May 2017 12:51:08 +0530 Thu, 11 May 2017 12:51:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25074 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. Act-Rules GST - States Thu, 11 May 2017 12:51:08 +0530 https://www.taxtmi.com/acts?id=25074