Mixed supply of services

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..... Mixed supply of services
Query (Issue) Started By: - yugesh nama Dated:- 13-4-2018 Last Reply Date:- 16-4-2018 Goods and Services Tax - GST
Got 5 Replies
GST
Hello sir what if a person not charge higher amount of tax rate in mixed supply of goods and services? or the person sells the whole package of different goods and services in sach a way that lower rate of gst has higher value .....

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..... of goods and higer rate of gst has lower amount of goods. Reply By Rajagopalan Ranganathan: The Reply: Sir, According to Section 8 (b) of CGST Act, 2017 " 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." In view of the legal position you cannot sell the whole package of different goods and s .....

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..... ervices in such a way that lower rate of gst has higher value of goods and higher rate of gst has lower amount of goods. Reply By KASTURI SETHI: The Reply: ---------------And that modus operandi would be treated as manipulation with an intent to evade tax.Such method would attract interest and penalty. Reply By Ganeshan Kalyani: The Reply: Pricing need to be changed of the product attracting .....

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..... higher rate of GST . Lets assume you have done this and in the next GST council meeting the lower rate of tax is increased to higher rate then again you will change pricing. This will attract attention of the authority. Alternately , you can sell the product that attract higher rate under separate invoice. See this possibility. Reply By YAGAY AND SUN: The Reply: Paying of an appropriate tax i .....

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..... s the essence of GST. GST being an Indirect Taxation would be charged and collected by you from your customer, you have nothing to pay from your pocket. You must be availing ITC on Inputs/Input Services also. If on your output you pay less tax and avail the ITC on higher side then it may trigger the inflated tax structure. To cope with such situation which may attract unwarranted attention of Rev .....

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..... enue Department, it is advisable to pay the tax appropriately as applicable as consequences of evading GST are very serious. Reply By Ganeshan Kalyani: The Reply: Fully agreed with Sri Yagay and Sun. You will get cost of the product with margin and tax component is what you are to collect from the customer and pay to the Govt.
Discussion Forum - Knowledge Sharing .....

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