TMI BlogComposite SupplyX X X X Extracts X X X X X X X X Extracts X X X X ..... We are a C F agent offering Door to Door services including Customs Clearance, Loading, Unloading Transportation, Can we fall under Composite Supply charge 18% GST can claim ITC for our Truck's Tyres, Spares ETC ? Or we will stay as GTA with no ITC - Reply By KASTURI SETHI - The Reply = In my view, it is composite supply. It is important to know the difference between composite suppl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y and mixed supply. Difference between both terms is given in TMI's FAQ which extracted below for convenience:- Composite supply is a supply consisting of two or more taxable supplies of goods or services or both or any combination thereof, which are bundled in natural course and are supplied in conjunction with each other in the ordinary course of business and where one of which is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a principal supply. For example, when a consumer buys a television set and he also gets warranty and a maintenance contract with the TV, this supply is a composite supply. In this example, supply of TV is the principal supply, warranty and maintenance service are ancillary. Mixed supply is combination of more than one individual supplies of goods or services or any combination thereof made in con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... junction with each other for a single price, which can ordinarily be supplied separately. For example, a shopkeeper selling storage water bottles along with refrigerator. Bottles and the refrigerator can easily be priced and sold separately. - Reply By parmender kochar - The Reply = Sir GTA attract lower GST with No ITC, can we avail full ITC when composite supplied with Clearing Forwading an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d when full 18% GST Paid ? - Reply By KASTURI SETHI - The Reply = Your principal supply is C. F. So ln my view, full ITC is admissible. - Composite Supply - Query Started By: - parmender kochar Dated:- 29-6-2017 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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