News Topics

What is a mixed supply? Please answer with refe...

What is a mixed supply? Please answer with reference to GST.

What is a mixed supply? Please answer with reference to GST.

0
Chiranjibi Jun. 15, 2018

To quote the GST act, “mixed supply” means two or more individual supplies of goods or services, or any combination thereof, made in conjunction with each other by a taxable person for a single price where such supply does not constitute a composite supply.

You can use the above link to understand what principal and composite supplies are.

For clarification

  • A supply of a package consisting of canned foods, sweets, chocolates, cakes, dry fruits, aerated drinks and fruit juices when supplied for a single price is a mixed supply.
  • Each of these items can be supplied separately and is not dependent on any other.
  • It shall not be a mixed supply if these items are supplied separately;

Rate of GST on Mixed supply:

The rate of GST on the entire bill shall be the highest tax rate applicable in any one item of the bill. For example, when chewing gums (28%) and chocolate toffees (18%) are sold together at a single price, the higher rate, being 28% shall be applied to the entire amount of the bill.

What is a mixed supply? Please answer with reference to GST.

Ask Question Create News