Non GST Supply
Query (Issue) Started By: – Archna Gupta Dated:- 20-9-2018 Last Reply Date:- 21-9-2018 Goods and Services Tax – GST
Got 6 Replies
GST
Dear Sir/ Madam
Please clarify that is there any difference between Non-Taxable supply and Non-GST supply with examples.
Regards
Archna Gupta
Reply By SHIVKUMAR SHARMA:
The Reply:
1.Supply of Goods & Services That have Nil GST is Called Non taxable Supply.
Example: Grains ,Salt,Jaggery Etc.
2.Goods & Services that does not come under the purview of GST while other taxes may be applicable
called Non GST Supply.
Example : Petrol,Diesel,Alcohol Etc.
Reply By Archna Gupta:
The Reply:
Dear Mr. Sharma
In the definition of exempt supply the terms Nil rated and non taxable supp
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Reply By Nitika Aggarwal:
The Reply:
Dear Mam,
As per section 2(78) of CGST Act, 2017 non taxable supply means a supply of goods or services or both which is not leviable to tax under this Act or under the Integrated Goods and Services Tax Act. Meaning thereby, such supply of goods or services are first taxable but due to exemption notifications issued on timely basis, they are not exigible to tax.
Like supply of cereal grains are not leviable to tax because they are covered under the exemption notification no. 02/2017-CT(rate) dated 28.06.2018.
Non GST Supplies are those supplies on which the act itself not applicable. They are kept outs
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