Section 8 of CGST Act - Tax liability on composite and mixed supplies

 

 

Section 8 of Central Goods and Services Tax Act 2017- Tax liability on composite and mixed supplies

The tax liability on a composite or a mixed supply shall be determined in the following manner, namely:-
a composite supply comprising two or more supplies, one of which is a principal supply, shall be treated as a supply of such principal supply; and
a mixed supply comprising two or more supplies shall be treated as a supply of that particular supply which attracts the highest rate of tax.

 

Central Goods and Services Tax Act 2017

Chapter I Preliminary

Section 1 : Short Title, Extent and Commencement

Section 2 : Definitions

 

Chapter II Administration

Section 3 : Officers under this Act

Section 4 : Appointment of Officers

Section 5 : Powers of Officers

Section 6 : Authorisation of officers of State tax or Union territory tax as proper officer in certain circumstances

 

Chapter III Levy and Collection of Tax

Section 7 : Scope of Supply

Section 8 : Tax liability on composite and mixed supplies

Section 9 : Levy and Collection

Section 10 : Composition Levy

Section 11 : Power to Grant Exemption from Tax

 

Chapter IV Time and Value of Supply

Section 12 : Time of supply of Goods

Section 13 : Time of supply of services

Section 14 : Change in tax in respect of supply of goods or services

Section 15 : Value of Taxable Supply

 

Chapter V Input Tax Credit

Section 16 : Eligibility and Conditions for taking input tax credit

Section 17 : Apportionment of credit and blocked credit

Section 18 : Availability of credit in special circumstances

Section 19 : Taking input tax credit in respect of inputs and capital goods sent for job work

Section 20 : Manner of distribution of credit by input service distributor

Section 21 : Manner of recovery of credit distributed in excess

 

 

 

Chapter VI Registration

Section 22 : Person liable for registration

Section 23 : Person not liable for registration

Section 24 : Compulsory Registration in certain cases

Section 25 : Procedure for Registration

Section 26 : Deemed Registration

Section 27 : Special provisions relating to casual taxable person and non-resident taxable person

Section 28 : Amendment of Registration

Section 29 : Cancellation of Registration

Section 30 : Revocation of Cancellation of Registration

 

Chapter VII Tax Invoice, Credit and Debit Notes

Section 31 : Tax Invoice

Section 32 : Prohibition of unauthorized collection of tax

Section 33 : Amount of tax to be indicated in invoice and other documents

Section 34: Credit and Debit Notes

 

 

 

Chapter VIII Accounts and Records

Section 35 : Accounts and Other Records

Section 36 : Period of Retention of Accounts

 

Chapter IX Returns

Section 37 : Furnishing Details of outwards supplies

Section 38 : Furnishing details of inwards supplies

Section 39 : Furnishing Returns

Section 40 : First Return

Section 41 : Claim of input tax credit and provisional acceptance thereof

Section 42 : Matching, reversal and reclaim of input tax credit

Section 43 : Matching, reversal and reclaim of reduction in output tax liability

Section 44 : Annual Return

Section 45 : Final Return

Section 46 : Notice to return defaulters

Section 47 : Levy of Late Fee

Section 48 : Goods and Services Tax Practitioners

 

 

 

Chapter X Payment of Tax

Section 49 : Payment of Tax, Interest, Penalty and other Amounts

Section 50 : Interest on delayed payment of tax

Section 51 : Tax Deduction at Source

Section 52 : Collection of Tax at Source

Section 53 : Transfer of Input Tax Credit

 

 

GST Rates in India

3%, 5%, 18% GST items 26.7.2018

18% GST notification 10.11.2017

0%, 5%, 12% reduced on 10.11.17

IGST Rates reduced on 10.11.2017

0% GST Goods (Original)

3% & 0.25% GST Goods (Original)

5% GST Items (Original List)

12% GST goods (Original List)

18% GST Materials (Original List)

28% GST Rate Goods (Original)

Compensation Cess Rates (Original)

 

GST E-way bill requirement, validity & documents required