https://www.taxtmi.com/article/detailed?id=8228 Composite supply under GST is a bundled transaction of goods and/or services with one component as the principal supply; taxability is governed by that principal supply. Mixed supply, by contrast, comprises independent items supplied for a single price and attracts the highest applicable rate. Determination requires factual analysis of natural bundling, dominant nature of components, contractual terms (including cross fall clauses), value contribution and trade practice. Revenue circulars and advance rulings illustrate variable outcomes across contexts and underscore the need for clearer guidance on natural bundling. en-us Fri, 02 Nov 2018 13:49:11 +0530 Fri, 02 Nov 2018 13:49:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8228 Composite supply under GST is a bundled transaction of goods and/or services with one component as the principal supply; taxability is governed by that principal supply. Mixed supply, by contrast, comprises independent items supplied for a single price and attracts the highest applicable rate. Determination requires factual analysis of natural bundling, dominant nature of components, contractual terms (including cross fall clauses), value contribution and trade practice. Revenue circulars and advance rulings illustrate variable outcomes across contexts and underscore the need for clearer guidance on natural bundling. Articles Goods and Services Tax - GST Fri, 02 Nov 2018 13:49:11 +0530 https://www.taxtmi.com/article/detailed?id=8228