Tax treatment - Combi Pack

Others 857 views 3 replies

IVM Prasad

Dy. Manager IA

49 Points Joined March 2009

Sir

We offer products Combi pack basis. 3 products will be clubbed as combi pack and offer at a single price.

In this situation, how the sales Tax accounting to be done, please advise - Whether tax to be paid on combi pack product basis or individual tax basis. There is tax differentitation from one product to another product.

please advise us

Replies (3)

U S Sharma

glidor@gmail.com

21068 Points Joined January 2010

if combipack emerges as a new product then u can pay tax on combined value basis, but if the 3 products are diff and carry diff value tag as well as tax rate than pay individual tax rate basis,
in resturents when we take cooked foods, though they serve the whole meal but they divide the 4% 13.5% and zero rated items for tax purpose,
Views from other members invited.

Sandeep Pandey

CA FINAL

1306 Points Joined October 2008

It is advisable for the purpose of making payment of sales tax.

If for each individual has different rate of interest then it should done individually.

Guest

if it contain diffenrent price tax then the different tax rates will attracted while as it seems its a compi pack which genreally contain a single sale price , in a complete pack then the single rate is applicable