Question

discuss tax liability on composite supplies​

Answer 1

Answer:

The supply of goods, packing materials, transport and insurance is a composite supply. ... Thus, the supply of goods is the principal supply. Tax liability will be the tax on the principal supply i.e., GST rate on the goods. If the second condition is not fulfilled it becomes a mixed supply.

Explanation:

Answer 2

The supply of goods, packing materials, transport and insurance is a composite supply. ... Thus, the supply of goods is the principal supply. Tax liability will be the tax on the principal supply i.e., GST rate on the goods. If the second condition is not fulfilled it becomes a mixed supply.