0 rated and nil rated supply
KRISHNA SHAH (27 Points)
05 December 2020
Can anyone please tell me the basic difference between 0 rated supply and nil rated supply.
2 Replies
APURBA CHATTERJEE
(QUALIFIED CHARTERED ACCOUNTANT)
(604 Points)
Replied 05 December 2020
Zero rated means export supply but not exempt
Nil rate means exempt supply
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