S. Jaykishan

Chartered Accountants

CBIC clarifies Scope of Principal-Agent relationship in context of Schedule I

CBIC clarifies Scope of Principal-Agent relationship in context of Schedule I

(Date:5/09/2018)

The CBIC has clarified that the scope of Principal-Agent relationship in context of Schedule I of the CGST Act with the help of examples. All the activities between the principal and the agent and vice-versa do not fall within the scope of the said entry.

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