It is the supply of goods and services that have0% GST but allows you to claim ITC on inputs. Example:Grains, salt, jaggery etc.
2) Exempted Supply
It is the supply of goods and services that does not attract GST and allows no claim on ITC. Example:Bread, fresh fruits, fresh milk and curd etc.
3) Zero Rated Supply
Zero Rated Supplies include:- supplies made to any country other than India;- supplies made to customers located in Special Economic Zones (SEZ) or SEZ Developers; and - supplies made as Deemed exports.
4) Non-Gst Supply
It is the supply of goods and services that does not come under the purview of GST while other taxes maybe applicable. Example:Petrol, alcohol etc.
~Ani
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