1. What is Exempt Supply under GST?
Exempt supplies include the following types of supplies:
Nil rated supplies that attract 0% GST
Any supply that is wholly or partially exempted from the CGST via notification amending section 11 of CGST Act
Any supply that is wholly or partially exempted from the IGST via notification amending section 6 of IGST Act
2. A non-taxable supply is a supply of goods or/and services that do not attract any tax either as per the CGST Act or the IGST Act.
To qualify as a non-taxable supply the transaction must meet the requirement of the term supply mentioned under GST law.
further please watch our video....
You can join us:
Twitter: PuneetAsija1
Facebook: Edulearn 26
Hope this video find useful ....Thank you
Category
Show more
Comments - 3
Related videos for Types of Supply under GST based on Tax Treatment: