principal supply means the supply of goods or services which constitutes the predominant element of a composite supply and to which any other supply forming part of that composite supply is ancillary;
principal supply means the supply of goods or services which constitutes the predominant element of a composite supply and to which any other supply forming part of that composite supply is ancillary and does not constitute, for the recipient an aim in itself, but a means for better enjoyment of the principal supply;
principal supply means the supply of goods or services which constitutes the predominant element of a composite supply is ancillary;
More Definitions of principal supply
principal supply means supply of goods or service which is the predominant element of a composite supply to which the other supplies are only ancillary. Thus, a plain reading of composite supply and principal supply indicates that a composite supply has only one principal supply and if a particular contract has more than one principal supply, the contract will cease to be a composite supply.
principal supply. Means the supply of goods or services which constitutes the predominant element of a composite supply and to which any other supp/y is ancillary.
principal supply means th e supp l y of goods or services whi h con 1i w1e s the pn:J om i nanl e lement of a composite supply and to whic h any other sup pl y fom1ing pan or that com po ·i t..: s upply is ancillary: From the above definition of principal supp l y it is clear that in the present cast: t he re is .'.I principal supply of goods or services which constitutes the predominant element of a composite supply . The predominant element of the composite supply is to be dete rmi ned on the basis of facts and circ umstance s of the present case. Now classification of this composite supp l y, as goods or ervice wo u ld depend on ,,hich supply is the principal supply which is also to be deten n i ne d on the basis of facts and circumstances of the present case. Further the tax liability on compo sit e sup pl y has been determined under Sec t io n 8 o'l t heCGST/SGST Act, 2017, as unde r: T he tax liabi'lity on a composite or a mixed supply shall be determined in the follo\\'ing manner, nam ely : -
principal supply means the supply of electricity to the Building by the Board to the Principal Intake Meter
principal supply means the supply of good s or services w hich constitutes the
principal supply means the supply of goods or services wh ich cons titutes the pre dominant element of a compos ite supply and to which any other supply form ing part of that compos ite supply is ancillary;
principal supply means the supply of goods or services which constitutes