Nature of Supply in a Works Contract

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Full Text of the Document

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...." means a supply made by a taxable person to a recipient consisting of two or more taxable supplies of goods or services or both, or any combination thereof, which are naturally bundled and supplied in conjunction with each other in the ordinary course of business, one of which is a principal supply; Illustration. - Where TNT bars are packed and transported with insurance, the supply of goods, p....