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Composite and mixed supply explain me ???

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MPR Sanjay Kumar

1675 Points Posted on 21 February 2023

what is mean by composition supply and mixed supply in goods and services Tax act?? give me some examples

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Quick Summary

This discussion clarifies the concepts of composite and mixed supplies within the Goods and Services Tax (GST) Act. A composite supply involves multiple taxable items naturally bundled together, where the tax rate is determined by the principal supply. In contrast, a mixed supply consists of two or more taxable supplies sold as a single package but not naturally bundled; the highest tax rate among the items applies. Examples are provided to illustrate these distinctions.

sabyasachi mukherjee

Profession

19978 Points Posted on 21 February 2023

Composition scheme is under seperate registration.
Mixed supply as the term denotes it's a mixed supply of goods and services.

n.sowmya

and

34 Points Posted on 21 February 2023

Composite and composition have two different scenarios in GST.
composite supply: supply consisting of two or more taxable supplies of goods or services which are naturally bundled. tax rate would be the GST rate of principle supply.
mixed supply: when two or more taxable supplies are supplied under single package which are not naturally bundled. tax rate is highest tax rate among those supplies will be applicable. Ex: gift box containing sweets(5%), dry fruits(12%) and chocolates (28%)supplied then highest rate i.e. 28% will be attracted based on type of chocolate.