CA Inter GST Revision | Schedule I under GST | Section 7 of CGST| Supply under GST | CA Karan Satija

Welcome back to the CA Inter GST Revision Series — where every important topic is revised in under 10 minutes! In this video, we cover Schedule I under GST — the list of activities that are treated as SUPPLY even when made WITHOUT consideration. Normally GST applies only when there is consideration, but Schedule I is the important exception that examiners love to test through practical questions on branch transfers, related persons and business assets. This quick revision makes every entry clear with simple examples. In this quick revision you will understand: - Why Schedule I exists — supply even without consideration - Permanent transfer or disposal of business assets where ITC has been availed - Supply between related persons and distinct persons (Section 25) - The Rs. 50,000 gift exemption for employer-to-employee - Principal–agent transactions covered under Schedule I - Import of services from a related person outside India - Meaning of related persons and distinct persons for the exam - Important examples, MCQ points and common exam traps to avoid This series is designed for CA Inter students appearing in the Sept 2026 and Jan 2027 attempts who want fast, exam-focused revision without wasting time. One topic. Ten minutes. Complete clarity. If this helped you revise faster: 👍 LIKE the video 💬 COMMENT "REVISION" and I will share the complete Revision Series playlist link with you 🔔 SUBSCRIBE so you never miss a topic Let's revise smart and score high! #CAInter #GST #ScheduleI #SupplyUnderGST #CAKaranSatija Contact Us: ☎ 𝐒𝐚𝐥𝐞𝐬: | | | | | Follow Us On: ✅ Instagram: ✅ Telegram: