Dear sir,
Why was the requirement of composite tax?
1. Because it is composite
2. Because it is a tax
3. Because it is a difficult service
4. Because it is difficult to separate goods and services
What ia the correct answer from above 4 options ?
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Requirement of Composite Tax
Replies (3)
4. Because it is difficult to separate goods & Services ( in some conditions)
Thank you sir
option (4) is the correct answer.
Composite Supply are "NATURALLY BUNDLED". Hence difficult to separe goods and services.
Composite Supply are "NATURALLY BUNDLED". Hence difficult to separe goods and services.
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