diff between nil rate n exempted goods

Rate / HSN codes 232 views 4 replies
what's the diff between nil rate and exempted good?
Replies (4)

Nil rate and exempted are one and the same

Both are different.

Nil rate is zero rate it fall under rate category. But where as exempted goods are not fall under any rate category

no they r diff .

Zero Rate refers only to Exports.   Hence Nil and exempt are same

 


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