https://www.taxtmi.com/article/detailed?id=10430 The Supreme Court held that supplies naturally bundled (such as goods with freight and insurance under CIF contracts) constitute a composite supply under Section 8 of the CGST Act and must be taxed as a single transaction; additionally, the Court declared GST Council recommendations to be recommendatory and non binding, leaving Parliament and state legislatures concurrently competent to enact GST laws and permitting states discretion in adopting Council recommendations. en-us Mon, 30 May 2022 10:20:44 +0530 Mon, 30 May 2022 10:20:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10430 The Supreme Court held that supplies naturally bundled (such as goods with freight and insurance under CIF contracts) constitute a composite supply under Section 8 of the CGST Act and must be taxed as a single transaction; additionally, the Court declared GST Council recommendations to be recommendatory and non binding, leaving Parliament and state legislatures concurrently competent to enact GST laws and permitting states discretion in adopting Council recommendations. Articles Goods and Services Tax - GST Mon, 30 May 2022 10:20:44 +0530 https://www.taxtmi.com/article/detailed?id=10430