what are activities specified in schedule 1st
as given in subsection (1) of section 7 in c point
GST Law SCHEDULE I
MATTERS TO BE TREATED AS SUPPLY EVEN IF MADE WITHOUT
CONSIDERATION
[IN TERMS OF CLAUSE (c) OF SUBSECTION (1) OF SECTION 3]
1. Permanent transfer/disposal of business assets where input tax credit has been
availed on such assets.
2. Supply of goods or services between related persons, or between distinct
persons as specified in section 10, when made in the course or furtherance of
business.
3. Supply of goods—
(a) by a principal to his agent where the agent undertakes to supply such goods on
behalf of the principal, or
(b) by an agent to his principal where the agent undertakes to receive such goods on
behalf of the principal.
4. Importation of services by a taxable person from a related person or from any of
his other establishments outside India, in the course or furtherance of business.
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