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Nil rated supply
Are groceries like rice and floor exempt supply or nil rated
Replies (4)
Maize, Rice, Oats etc. are food products and most of the items are commonly used for human consumption as essential commodities, Maize, Rice, Oats etc. are expected to be included in GST exemption list where in nil rate of GST is applicable.
Tax exempt
Yes exempt
Nil Rated. Check out GST Goods Rate Booklet
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