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Nil reated supply

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(Querist)
03 June 2018 Nil Rated Supply is not defined either in the CGST Act or IGST Act .Therefore, what exactly are the nil rated supplies.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
03 June 2018 Goods or services on which GST rate of 0% is applicable (listed in Schedule 1 in the GST rate schedule) are called nil rated goods or services.
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CA Suresh Jain

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CA Suresh Jain (Expert)
03 June 2018 @ Mr. Nagendra, Please refer to Section 16 of CGSTAct
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
03 June 2018 May be read as IGST. act.
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CA Suresh Jain

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CA Suresh Jain (Expert)
03 June 2018 Yes sir, typo error regretted. Thanks.

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