What is differace in exampt sale and nil rated sale
This query is : Resolved
25 August 2017
sir
plz explain differance beetwin exampt and nil rated sale
plz explain differance beetwin exampt and nil rated sale
25 August 2017
Exempt sale under GST is exempt from levy of GST. Exports and supply to sez is zero rated.
ITC not available for exempt sale but ITC can be claimed on Zero rated sale of exports.
ITC not available for exempt sale but ITC can be claimed on Zero rated sale of exports.
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