A cement dealer is raising invoice for sale of cement bags (28%), he also does loading & unloading and charges Freight on the bills (18%). is this correct? or should he charge 28% on the total bill under composite supply.
Answer: Tushant July 12, 2021 Answer:
If the transaction value of cement includes loading and unloading charges, freight, etc. then it is correct that the supplier charges GST at the rate of 28% of the transaction value since it is a case of composite supply, and the rate of tax will be depended on the principal supply of the goods, hence rate of tax will be 28%.
