Is sale of boven animals and milk covered under nil rated or exempted supply?
Also how can we find, whether particular supply is nil rated or exempted?
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Nil rated or exempted supply of goods
Replies (1)
Nil rated means the product is having "0 "as rate and exempted means something which is specifically exempted by the Government by way of notification
Milk and animals are treated as exempted supply under GST
Other views are welcome.
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