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When goods are packed and transported with insurance, the supply of goods, packing materials, transport and insurance is called a composite supply. This is because all of the elements of the supply (goods, packing materials, transport, and insurance) are naturally bundled together and supplied in conjunction with each other in the ordinary course of business. The principal supply in a composite supply is the supply of goods. This means that the GST rate on the entire supply is determined by the GST rate on the goods.
Which entity recently installed a floating solar plant with a capacity of 10 MWp in Igatpuri lake, marking a first-of-its-kind initiative by Indian Rail...
The Indian Institute of Science (IISc), Bengaluru, recently developed a new 3D hydrogel culture system similar to the mammalian lung environment. This s...
The recent 3% hike in Dearness Allowance for central government employees raised DA to what percentage of the basic salary?
Consider the following in regards to the Kashi Tamil Sangamam (KTS):
1) The second edition of the Kashi Tamil Sangamam (KTS) will be held between...
Who recently came up with India’s 1st credit card made from recycled PVC (Polyvinyl chloride) plastic?
India discussing settling non-oil trade in Rupees from which of the following gulf country?
Which of the following countries has become the first Asian country to legalize Marijuana?
Which of the following statements about the recent MoU between iCreate, Microsoft, and MeitY is/are correct?
1. The MoU aims to boost AI startups...
Recently Indian government has extended policy to allow imports of lentils and vegetable oils such as palm oil, soy oil and sunflower oil at lower taxes...