Section 8 of the Goods and Services Tax (GST) Act deals with the tax liability on composite and mixed supplies.
A composite supply is when two or more goods or services are bundled together to form a single supply, and are supplied together in the ordinary course of business. For example, a restaurant may offer a meal which includes food and drinks. In such cases, the entire supply is treated as a single supply and the tax rate applicable to the principal supply is applied.
A mixed supply is when two or more goods or services are supplied together, but they can also be supplied separately. For example, a furniture store may offer a sofa and a coffee table as a package deal, but they can also be purchased separately. In such cases, the tax rate applicable to the item with the highest tax rate is applied to the entire supply.
In both cases, the tax liability is determined based on the nature of the supply and the applicable tax rates. It is important for businesses to correctly identify and classify their supplies as either composite or mixed, as the tax liability can differ significantly between the two.
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