Composite Supply & Mixed Supply Concept with example | Composition Levy in English+Hindi | Part-2 скачать в хорошем качестве

Composite Supply & Mixed Supply Concept with example | Composition Levy in English+Hindi | Part-2

GST- Composite Supply & Mixed Supply Concept with example | Composition Levy In English+Hindi Part-2 ———————————————————————————————— A composite supply is two or more goods or services that are only sold as a set and cannot be sold individually. Every composite supply has a principal supply, which is the main product or service that the buyer primarily wants. The rest of the supply is made up of supporting elements that add value to the principal supply. A composite supply is taxed at the GST rate of the principal supply. ———————-————————————————————————- A mixed supply is two or more independent products or services which are offered together as a bundle but can also be sold separately. In a mixed supply, the item or service with the highest GST rate is treated as the principal supply (whether or not it is the main part of the bundle). The mixed supply is taxed at the GST rate of the principal supply. ———————————————————————————————— The composition levy is an alternative method of levy of tax designed for small taxpayers whose turnover is up to Rs. 75 lakhs ( Rs. 50 lakhs in case of few States). The objective of composition scheme is to bring simplicity and to reduce the compliance cost for the small taxpayers. GST part-1 :-    • What is GST? | Its Types | History of GST ...   If you like the video share and subscribe Thank You.