Menu
different between nil rated supplies and zero rated supplies
difference between nil rated supplies and zero rated supplies
Replies (3)
nil rated supplies are those which are taxable but tax rate not prescribed as of now which may become taxable from any future date (0% rate).
However zero rated supplies specifically includes only 2 supplies : exports and supplies to SEZ.
However zero rated supplies specifically includes only 2 supplies : exports and supplies to SEZ.
same as exempted supply and nil supply
Zero rated supply u can avail itc but nil rated u can't availed itc
Recent Threads
- Filed Hotel commission from International Company
- Reinsurance brokerage section?
- Gst me Registration Zaruri Hain Kya?
- Discuss and Download CA Inter Question Paper Janua
- Discuss and Download CA Final Question Paper Janua
- Accounting Entry for samples received from princip
- Many of my clients who are bank employees received
- Missed filing for AY 2022-23. TDS refund possible
- Form 26QB: Assessment Year Based on Payment Date o
- Revision of Tax Audit
Related Threads
CAclubindia
