Nil reated supply
This query is : Resolved
03 June 2018
Nil Rated Supply is not defined either in the CGST Act or IGST Act .Therefore, what exactly are the nil rated supplies.
03 June 2018
Goods or services on which GST rate of 0% is applicable (listed in Schedule 1 in the GST rate schedule) are called nil rated goods or services.
03 June 2018
@ Mr. Nagendra, Please refer to Section 16 of CGSTAct
03 June 2018
May be read as IGST. act.
03 June 2018
Yes sir, typo error regretted. Thanks.
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