Mixed Supply
MIXED SUPPLY MIXED SUPPLY • A single price is paid for the whole package. and • The products or services can be sold individually. MEANING • Mixed supply means two or more individual supplies of goods or services, • made in conjunction with each other • by a taxable person for a single price • supply of which supply attracts the highest rate of tax • not constitute a composite supply EXAMPLES • supply of stationery pack containing crayons, paints, brushes, drawing book etc. • boarding school – Education with residence and food. • UPS supplied with external storage battery TIME OF SUPPLY • supply of service is taxed at higher rate amongst others • accordingly relevant provisions related to time of supply of services shall be considered into account. How to break the deadlock Value of the constituent Often people want to decide on the basis of the value of each constituent. This, however, could be treading on a slippery surface. Should a vendor say that jus