Subject
Scope of Principal-agent relationship in the context of Schedule I of the CGST Act
Content
In terms of Schedule I of the Central Goods and Services Tax Act, 2017 (hereinafter referred toas the “CGST Act”), the supply of goods by an agent on behalf of the principal without consideration has been deemed to be a supply. In this connection, various representations have been received regarding the scope and ambit of the principal-agent relationship under GST. In order to clarify…