GST - Lot 6 - Mixed and Composite supply

A supply made by a taxable person to a recipient consisting of 2 or more taxable supplies of goods or services or both which are naturally bundled is called____________.

• Mixed Supply
• Composite supply

A __________ supply comprising of two or more supplies shall be treated as the supply of that particular supply that attracts highest rate of tax.

• Mixed Supply
• Composite supply

Mr. A booked a Rajdhani train ticket. The ticket includes meal and the insurance. This is an example of ________.

• Mixed Supply
• Composite supply

Sacramento supermarket is offering a Diwali gift box which consists of sweets, chocolates, cake, dry fruits etc for Rs. 399 per box. This supply is an example of ________.

• Mixed Supply
• Composite supply

A Composite supply comprising of two or more supplies, one of which is a principal supply, shall be treated as the supply of such principle supply.

• true
• false

Archie bought a TV set, he also got warranty and a maintanence contract with the TV. This is an example of _________.

• Mixed Supply
• Composite supply

Denver Manufacturers entered into a contract with Frax lts for the supply of readymade shirts packed in designer boxes at Frax Ltd. Outlet. Further, Denver Manufacturers will also get them insured for the transit. This is a ________.

• Mixed Supply
• Composite supply

Servicing of cars involving supply of both spare parts (Goods) and Labour (services), where the value of goods and services are shown separately, would be liable to tax at rates as applicable to such spare parts and labour separately.

• true
• false

Factors differentiating composite and mixed supply are -

• Nature of bundling i.e. artificial or natural
• Existence of principal supply
• Both (a) and (b)
• None of the above

What is the tax rate applicable for a composite supply?

• Rate of principle supply
• Rate of ancillary supply
• Tax rate as applicable on supply attracting the lowest rate of tax
• Tax rate as applicable on supply attracting the highest rate of tax