XYZ is developing a software which is embedded in the product manufactured and then the product is exported by XYZ. XYZ to issue
1) separate tax invoice for goods and service invoice for software or
2) being a composite supply, a single invoice for goods and services to be issued and the GST rate applicable for goods being principal supply will be applicable?
Should XYZ Use Single Invoice for Composite Supply of Goods and Software Under GST? Key Considerations Discussed. A discussion on whether XYZ should issue separate invoices for goods and software or a single invoice for a composite supply under GST. The consensus among participants suggests that if the software is integral to the product and cannot be marketed separately, it constitutes a composite supply, necessitating a single invoice with the GST rate applicable to the principal supply, which is the goods. Some participants emphasize the need for more information to provide precise advice, while others note the relevance of this query for export and home consumption scenarios. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
