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whether gst levy on activities specify other than schedule 1

saurabh chawla (working) (114 Points)

15 August 2018

Hello members

incase of any activity between two different taxable persons without consideration & it is not mentioned in schedule 1 of cgst act.
whether GST is leviable or not.
if leviable then plz mention source.
waiting for reply. thanks in advance

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5 Replies

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 15 August 2018

Transfer of Goods from Headoffice to Branch office is without consideration , but GST is applicable

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saurabh chawla (working) (114 Points)
Replied 15 August 2018

I mean two different taxable persons not having same pan no. do activity in exchange of first activity performed without consideration.
both activities not falls in schedule 1.
whether it is considered supply.

Anirban Sinha (CA in service) (727 Points)
Replied 16 August 2018

In this case sec 15 shall apply in which value of transaction value will be price actually paid for goods or services which is nilso the transaction value is nil and this case no gst will be charged

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 16 August 2018

payment reced. will be not be treated as consideration if there is no direct link between the payment & the supply.

However if there is supply of goods or services in return for the such payment /exchange/barter etc shall treated as consideration for the supply & will be subject to GST

Best example of activities not treated as consideration is : Donation , Grants etc

saurabh chawla (working) (114 Points)
Replied 16 August 2018

if both either service rendered or barter of goods not in specify schedule 1. transactions not involves payment of money, then GST is leviable.
my query is that can GST leviable moreover 4 activities specify in schedule 1.
thanx for reply