Composite or Mixed Supply
This query is : Resolved
prasad Nilugal
(Querist)
22 December 2019
We have purchased Two Mobile phones and one Head Phone in one Invoice in furtherance of Business ,
1) Is it composite supply or Mixed supply ?.
2) Can we claim ITC ?.
3 ) Is Section 17(5) (b) (iii) (B) of the CGST act 2017 will applicable in this case for claiming ITC .
please reply ,Thanks In Advance
1) Is it composite supply or Mixed supply ?.
2) Can we claim ITC ?.
3 ) Is Section 17(5) (b) (iii) (B) of the CGST act 2017 will applicable in this case for claiming ITC .
please reply ,Thanks In Advance
CA Anita Bhadra
(Expert)
22 December 2019
In my view
It is composite supply .
If purchase invoice is in name of business , it will not be treated as personal income under sec 17(5) and ITC is allowed
It is composite supply .
If purchase invoice is in name of business , it will not be treated as personal income under sec 17(5) and ITC is allowed
prasad Nilugal
(Querist)
22 December 2019
Invoice is in the name of Business , However client is in Insurance Business therefore , is section 17(5) ( b) (iii) (B) of CGST act 2017 will be applicable .
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