Supplies under GST
Query (Issue) Started By: – Aitha RajyaLakshmi Dated:- 16-2-2017 Last Reply Date:- 11-8-2017 Goods and Services Tax – GST
Got 4 Replies
GST
What is the difference between Nil rate, Zero percent and Zero rated supplies under GST.
\nReply By YAGAY AND SUN:
\nThe Reply:
\nhttps:\/\/www.taxmanagementindia.com\/visitor\/detail_article.asp?ArticleID=7231&kw=Definition-of-Turnover-in-a-State-and-Zero-rated-supply
\nReply By KASTURI SETHI:
\nThe Reply:
\n(A) As per Section 2 (44) of drafter Model GST Act, “exempt supply” means supply of any goods and\/or services which are not taxable under this Act and includes such supply of goods and\/or services which attract nil rate of tax or which may be exempt from tax under section 11 ;\n<\/p>\n
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