composite bill

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What is the provision of composite bill issue? N to whom n where it is apply?

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GST - Invoice vijay Savaliya 2 years 2 Answers 148 views 0

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  1. taxclinic_team700

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    Any supply of goods or services will be treated as composite supply if it fulfils BOTH the following criteria:

    Supply of 2 or more goods or services together, AND
    It is a natural bundle, i.e., goods or services are usually provided together in normal course of business. They cannot be separated.

    Illustration: Where goods are packed, and transported with insurance, the supply of goods, packing materials, transport and insurance is a composite supply. Insurance, transport cannot be done separately if there are no goods to supply. Thus, the supply of goods is the principal supply.

    Tax liability will be the tax on the principal supply i.e., GST rate on the goods

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    I am asking questions about gst combine bill for whole day not about composite supply?

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