HSN Code to be assigned for Composite/Mixed Supplies

[Guest]

Hi Professionals

We would like to know, which HSN code should be assigned in case of composite/mixed supplies, as the items bundled have different HSN codes.

The professionals have clarified on the GST rate applicable.

Request you to clarify.

Thanks & Regards

Latha

[knr varma]

1.Highest tax rate item Hsn code applicable for mixed supplies

2.principal item hsn code applicable composite supplies

[Guest]

Thank you for the clarification Mr.Varma

Regards

Latha

[koushal sharma]

A mixed supply comprising two or more supplies shall be treated as a supply of that particular supply which attracts the highest rate of tax

A composite supply comprising two or more supplies,one of which is a principal supply, shall be treated as a supply of such principal supply

For more detailed information on Composite supply and HSN Code, you can visit our gstforumindia.in site, where you get answer of all question related to GST by our experts.

AI Summary

Mixed supply HSN rule: assign HSN of highest-taxed item; composite supply follows the HSN of the principal supply rule. For HSN code allocation, a mixed supply of multiple items is treated as the supply attracting the highest tax rate, so the HSN of that highest-taxed item is assigned, whereas a composite supply with a principal supply is treated as the principal supply and the HSN of that principal supply governs classification.