https://www.taxtmi.com/circulars?id=57351 The scope of the principal-agent relationship under Schedule I depends on the agent's representative role and whether the agent issues invoices and transfers title in his own name. If the agent issues the invoice in his name and supplies or receives goods on behalf of the principal, such transfers fall within Schedule I as supplies despite absence of consideration. If invoices are issued in the principal's name, the intermediary is treated as providing services and Schedule I does not apply. Registration obligations arise for agents who supply in their own name, while procurement-only intermediaries register only if their taxable services cross the registration threshold. en-us Tue, 04 Sep 2018 00:00:00 +0530 Fri, 21 Feb 2025 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57351 The scope of the principal-agent relationship under Schedule I depends on the agent's representative role and whether the agent issues invoices and transfers title in his own name. If the agent issues the invoice in his name and supplies or receives goods on behalf of the principal, such transfers fall within Schedule I as supplies despite absence of consideration. If invoices are issued in the principal's name, the intermediary is treated as providing services and Schedule I does not apply. Registration obligations arise for agents who supply in their own name, while procurement-only intermediaries register only if their taxable services cross the registration threshold. Circulars GST Tue, 04 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57351