Thus, the taxpayers need to understand not only the provisions regarding exemptions but also their implications to avoid any wrong application. So, before jumping to the list of non-gst goods, let’s first define what is an exempt supply under GST? What is an Exempt Supply under GST? As ...
GST Refund for Zero Rated Supply The goods and services used by the supplier to produce zero-rated supply may not be exempted from any tax. Thus, the supplier shall be eligible to claim input tax credit in respect of such goods or services used for the supplies. Under GST, a taxpayer ca...
The Tamil Nadu Authority of Advance Ruling (AAR) directed that GST is excused on the supply of Dress, School Bag, Boots etc. to students excluding the compensation to Government Supported schools. The petitioner Tamil Nadu Textbook and Educational Servic
Liquefied petroleum gas for supply to household and non-domestic exempted category (NDEC) customers Kerosene oil sold under PDS Postal baggage transported by Department of Posts Natural or cultured pearls and precious or semi-precious stones; precious metals and metals clad with precious metal ...