GSTR 1

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20 Points Joined July 2017
DEPB/MEIS sale to be shown under exempted sale or zero rated sale or Nil rated sale ?
kindly suggest me.

Regards
P Srinivas
Kakinada.
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On 28 May 2018 at 22:05 Report
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947 Points Joined March 2018
Credit Scrips are specifically covered under gst rate schedule as nil rate.
Thus shall qualify as exempt supply only i believe for which reversal is must.
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On 28 May 2018 at 22:10
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343 Points Joined May 2018
As per section 2(47) of the CGST act , 2017, it is exempt sales since it is nil rated.
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On 29 May 2018 at 07:31


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