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itc on nil rate of tax
is itc available on nil rate of tax
Replies (4)
is not available on sale of nil rated supply
Exempt Supply means goods and services sold by the companies are free from Goods and Services Tax (GST). No GST will be charged on these goods & services. For company and business, GST paid on the assets, purchases or expenses for their businesses cannot be claimed as Input Tax Credits
No itc not available on that
Nil rate tax means Nil tax rate ,or tax rate is zero.
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