https://www.taxtmi.com/article/detailed?id=15935 Deeming of intra-family transfers as supply occurs when goods or services move between related persons in the course or furtherance of business under GST. Family is legally defined to include spouse, children and specified dependents, bringing certain family transfers within the related-person framework. Schedule I treats transfers without consideration as taxable if tied to business, and Rule 28 prescribes a valuation hierarchy-open market value, like-kind value, cost-plus, and best judgment-to prevent undervaluation. Full input tax credit eligibility may allow invoice value as open market value to preserve revenue neutrality. en-us Fri, 27 Feb 2026 09:11:55 +0530 Fri, 27 Feb 2026 09:11:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15935 Deeming of intra-family transfers as supply occurs when goods or services move between related persons in the course or furtherance of business under GST. Family is legally defined to include spouse, children and specified dependents, bringing certain family transfers within the related-person framework. Schedule I treats transfers without consideration as taxable if tied to business, and Rule 28 prescribes a valuation hierarchy-open market value, like-kind value, cost-plus, and best judgment-to prevent undervaluation. Full input tax credit eligibility may allow invoice value as open market value to preserve revenue neutrality. Articles Goods and Services Tax - GST Fri, 27 Feb 2026 09:11:55 +0530 https://www.taxtmi.com/article/detailed?id=15935