Composite and mixed supply rules: composite treated as principal supply, mixed taxed by the supply attracting the highest rate. Tax liability on composite and mixed supplies is governed by distinct allocation rules: a composite supply with a principal element is treated and taxed ... Summary
Composite and mixed supply rules: composite treated as principal supply, mixed taxed by the supply attracting the highest rate.
Tax liability on composite and mixed supplies is governed by distinct allocation rules: a composite supply with a principal element is treated and taxed as that principal supply, while a mixed supply is treated and taxed as the particular supply within the combination that attracts the highest rate of tax.
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