Section 8 deals with taxability of Composite and Mixed Supplies. What would be the tax rate in case of Mixed Supply?
A. Tax rate as applicable on supply attracting the lowest rate of tax
B. Tax rate as applicable on supply attracting the highest rate of tax
C. Flat rate@ 1896
D. None of the above
Answer:B
Section 8 deals with taxability of Composite and Mixed Supplies. What would be the tax rate in case of Mixed Supply?
A. Tax rate as applicable on supply attracting the lowest rate of tax B. Tax rate as applicable on supply attracting the highest rate of tax C. Flat rate@ 1896 D. None of the above