A composite supply is one whose supplies are
Anaturally bundled in business
Bchosen freely by the buyer
Csold for any single price
Dtaxed at differing rates
Answer & Solution
Correct answer: A. naturally bundled in business
A composite supply is naturally bundled and supplied in conjunction in the ordinary course, with one principal supply.
Keep practising Place of Supply
Browse all Place of Supply questions for CA Final, or explore more Indirecttaxlaws topics.
Related questions
A principal supply is the predominant element to which others areA mixed supply is taxed at the rate of theA gift pack of canned food, sweets, drinks and juices for one price is aA mixed supply is a combination supplied for a single price which isPacking, transport and insurance with goods are a composite supply. The principal supply iMembers of the same family areTwo persons who are both controlled by a third person areA sole agent and the principal he represents are