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Concept of Composite & Mix Supply in GST

📍In this session we have discuss about Concept of Composite & Mix Supply in GST 👨🏻‍🎓Enroll to our practical course in TDS, ITR & GST Filing - https://fintaxpro.in/courses/ 🤔What is composite supply under GST? Under GST, a composite supply would mean 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; Example- Where goods are packed and transported with insurance, the supply of goods, packing materials, transport and insurance is a composite supply and supply of goods is a principal supply. 🤔What is composite supply under GST? Under GST, a mixed supply means two or more individual supplies of goods or services, or any combination thereof, made in conjunction with each other by a taxable person for a single price where such supply does not constitute a composite supply; Example- A supply of a package consisting of canned foods, sweets, chocolates, cakes, dry fruits, aerated drinks and fruit juices when supplied for a single, price is a mixed supply. Each of these items can be supplied separately and is not dependent on any other. It shall not be a mixed supply if these items are supplied separately. 📍For any query please contact below 📩 [email protected] 📞CA Rajat Garg 9718097735 Cheers Folks Thanks for Watching :) Team Fintaxpro Our Social Handles- 🔗FB -   / fintaxproca   🔗Instagram -   / fintaxpro_ca   🔗Twitter -   / fintaxpro_ca   🔗Linkedin -   / fintaxpro   🔗Youtube (Fintaxpro) -    / fintaxpro   🔗Youtube (Fintaxpro Finance) -    / @fintaxprofinance8619   🔗Youtube (Fintaxpro English) -    / fintaxproenglish   🌏 Website - https://fintaxpro.in/ Disclaimer- Although all provisions, notifications, updates, and live demos are analyzed in-depth by our team before presenting to the public. We hereby provide our point of view only and tax matters are always subject to frequent changes hence advisory is only for the benefit of the general public. Hence neither Fintaxpro Advisory LLP nor its designated partner is liable for any consequence that arises on the basis of YouTube videos. ©️Fintaxpro Advisory LLP #composite #Supply #mixed #supply