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    Define the term Composite Supply under CGST/SGST/UTGST Act.

    Answered 05-Aug-2022

    Composite Supply is defined as supply comprising of two or more taxable goods and/or services, or any combination thereof, which are naturally bundled and supplied in conjunction with each other in the ordinary course of business. In the event of composite supply, the goods and/or services that forms the predominant element of supply is treated as principal supply. For example, booking a train ticket which includes meal charges and insurance as well. In this example, train ticket will be principal supply while meal and insurance shall be treated as ancillary supply.

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