composit supply
Manish Monga (55 Points)
31 December 2017
we purchase rikshaw at 12 % and its battery separately at28% now at which rate of gst rikshaw can b sold with installed battery
Manish Monga (55 Points)
31 December 2017
Anmol Singla
(808 Points)
Replied 31 December 2017
DIPESH PATEL
(8 Points)
Replied 31 December 2017
Baljeet Singh
(CA, B.Com (H))
(954 Points)
Replied 31 December 2017
This is a case of Composite supply, because One item (Rickshaw) cannot do without the Other item (Battery).
I agree that the battery can be used independently but the rickshaw cannot. This will not be a mixed supply.
Conclusion - This is case of composit supply where rikshaw is a Principal product. Motorised rickshaws fall udner HSN 8703 which are taxed at 28%.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
