https://www.taxtmi.com/manuals?id=5671 Para 3 of Schedule I treats transfers of goods between principal and agent without consideration as supply, so such goods transactions are taxable even without consideration; the entry applies only to goods (not services). Agents making taxable supplies on behalf of principals face mandatory GST registration irrespective of turnover when the principal is a taxable person, while supplies on behalf of non taxable principals (such as certain agriculturists) do not trigger compulsory registration under the principal agent clause; reverse charge and del credere scenarios affect value and registration outcomes. en-us Sat, 26 Oct 2024 12:38:00 +0530 Thu, 20 Mar 2025 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=5671 Para 3 of Schedule I treats transfers of goods between principal and agent without consideration as supply, so such goods transactions are taxable even without consideration; the entry applies only to goods (not services). Agents making taxable supplies on behalf of principals face mandatory GST registration irrespective of turnover when the principal is a taxable person, while supplies on behalf of non taxable principals (such as certain agriculturists) do not trigger compulsory registration under the principal agent clause; reverse charge and del credere scenarios affect value and registration outcomes. Manuals GST Sat, 26 Oct 2024 12:38:00 +0530 https://www.taxtmi.com/manuals?id=5671