WebOct 20, 2024 · 8.2 Tax liability on mixed supply to be based on highest gst rate. Section 8 (b) Tax liability on mixed supply comprising two or more supplies. shall be determined on the basis of supply which attracts the highest rate of tax. Refer Section 2 … WebDec 28, 2024 · In such cases, where a registered GTA is liable to pay tax @ 5% on transportation service, 2 options have been given to the GTA: Pay tax @ 5% with no input tax credit. Pay tax @ 12% with full input tax credit. A registered GTA has to make this choice at the beginning of the financial year.
THE CHAMBER OF TAX CONSULTANTS
WebGST rate in case of Mixed Supply. A mixed supply is considered as the supply of the good or service which attracts the higher rate of tax. ... If a large number of service receivers of such bundle of services reasonably expect such services to be provided as a package, then such a package could be treated as naturally bundled in the ordinary ... WebJan 25, 2016 · The garage tows and repairs the car for a total of $630 ($500 plus $100 for a remote service charge, plus $30 GST). You pay the bill and send it to the warrantor who … うる星 やつ ら ビューティフル ドリーマー 海外の反応
Canada Indirect Tax Guide - KPMG Global
Web1994 defined a “bundled service” to mean a bundle of provision of various services wherein an element of provision of one service was combined with an element or elements of provision of other services. The taxability of such bundled services was determined under sub-section (3) of sec. 66F as follows: (a) If various elements of a bundled ... WebWhile goods and services can be supplied individually, one can also supply them as a bundle or a set using one of the following methods of supply: If the goods and services supplied together are a natural bundle (wherever it makes more sense to provide them together than to sell them individually), then it is known as a composite supply. If the … WebApr 11, 2014 · Service which attract highest tax rate. Bundle service of sale of space in magazine and also preparation of contents i.e. write up for advertising. Preparation of Advertising material. Bundle service of Education say 1 st Std in the first half and child care service in the second half. Child care service. うる星 やつ ら なぜ 人気