https://www.taxtmi.com/article/detailed?id=11497 Two distinct agreements-one for sale of specific goods and a separate one for works-contract services-are independent supplies, not a composite supply. Tax on advances attributable to the goods agreement arises under the time of supply rule when the supplier issues the invoice; the goods' value is not includible in the works-contract consideration, and the applicant is eligible for the GST notification benefit tied to invoice-based taxation of such goods. en-us Thu, 15 Jun 2023 12:36:57 +0530 Thu, 15 Jun 2023 12:36:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11497 Two distinct agreements-one for sale of specific goods and a separate one for works-contract services-are independent supplies, not a composite supply. Tax on advances attributable to the goods agreement arises under the time of supply rule when the supplier issues the invoice; the goods' value is not includible in the works-contract consideration, and the applicant is eligible for the GST notification benefit tied to invoice-based taxation of such goods. Articles Goods and Services Tax - GST Thu, 15 Jun 2023 12:36:57 +0530 https://www.taxtmi.com/article/detailed?id=11497