SCHEDULE I - MATTERS TO BE TREATED AS SUPPLY WITHOUT CONSIDERATION - MODEL GST LAW - GOODS AND SERVICES TAX ACT, 2016 - Draft June 2016

SCHEDULE I MATTERS TO BE TREATED AS SUPPLY WITHOUT CONSIDERATION 1. Permanent transfer/disposal of business assets. 2. Temporary application of business assets to a private or non-business use. 3. Services put to a private or non-business use. 4. Assets retained after deregistration. 5. Supply of goods and / or services by a taxable person to another taxable or non-taxable person in the course or furtherance of business. Provided that the supply of goods by a registered taxable person to a job-worker in terms of section 43A shall not be treated as supply of goods.