https://www.taxtmi.com/circulars?id=57191 Classification of composite supplies under GST depends on identification of the principal supply; bus body building involves goods and services and is classified case-by-case. Retreading of tyres is primarily a service with rubber ancillary, but sale of retreaded tyres by the retreader who supplies old tyres is a supply of goods. Priority Sector Lending Certificates are taxable as goods and eligible for input tax credit. Transmission and distribution of electricity is exempt, while ancillary DISCOM charges are taxable. Government guarantee commissions to business entities are taxable services. en-us Fri, 27 Apr 2018 00:00:00 +0530 Tue, 17 Jul 2018 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57191 Classification of composite supplies under GST depends on identification of the principal supply; bus body building involves goods and services and is classified case-by-case. Retreading of tyres is primarily a service with rubber ancillary, but sale of retreaded tyres by the retreader who supplies old tyres is a supply of goods. Priority Sector Lending Certificates are taxable as goods and eligible for input tax credit. Transmission and distribution of electricity is exempt, while ancillary DISCOM charges are taxable. Government guarantee commissions to business entities are taxable services. Circulars GST - States Fri, 27 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57191