0 rated and nil rated supply
KRISHNA SHAH (27 Points)
05 December 2020
Can anyone please tell me the basic difference between 0 rated supply and nil rated supply.
KRISHNA SHAH (27 Points)
05 December 2020
APURBA CHATTERJEE
(QUALIFIED CHARTERED ACCOUNTANT)
(602 Points)
Replied 05 December 2020
Zero rated means export supply but not exempt
Nil rate means exempt supply
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