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    Suppose a supplier transfers an item from his stock in trade for personal use. Will this transfer constitute as supply as per GST law?

    Answered 05-Aug-2022

    As per GST law, any permanent transfer or disposal of goods or business assets shall fall under the scope of supply if Input Tax Credit (ITC) has been availed on such goods or assets. This transfer shall be treated as supply even if no consideration is received on such transfer.

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