14 June 2018
As per entry 3 of Schedule I Supply of goods by a principal to his agent where the agent undertakes to supply such goods on behalf of the principal shall be considered as supply, even if it is made without consideration. Therefore, principal shall issue tax invoice for supply of goods in the name of agent and pay tax accordingly. If the principal and agent are located in two different states - IGST has to be charges. Otherwise CGST,SGST to be charged. In case where the value of such goods is more than or equal to Rs.50,000-E-way has to be issued based on the tax invoice.
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