Nil rated and Exempted supplies

Page no : 2

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (176622 Points)
Replied 08 September 2017

1001	Wheat and meslin [other than those put up in unit container and bearing a registered brand name]		NIL GST
1001	Wheat and meslin put up in unit container and bearing a registered brand name	5 % GST

Wheat sold in market (be in gunny bags) without any registered brand.............. is NIL rated

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (176622 Points)
Replied 08 September 2017

Similarly

1103	Cereal groats, meal and pellets [other than those put up in unit container and bearing a registered brand name]		NIL GST
1103	Cereal groats, meal and pellets, including suji and dalia, put up in unit container and bearing a registered brand name		5 % GST
1104	Cereal grains hulled		NIL GST
1104	Cereal grains otherwise worked (for example, rolled, flaked, pearled, sliced or kibbled), except rice of heading 1006; germ of cereals, whole, rolled, flaked or ground [other than hulled cereal grains]	5 % GST

Marvel Tulshyan (45 Points)
Replied 12 September 2017

What are the items that fall under nil rated and exempted..

ca pravin (PROPREITOR) (24 Points)
Replied 20 October 2017

Nil Rated : It is the supply of goods and services that have 0% GST but allows you to claim ITC on inputs.

Example: Grains, salt, jaggery etc

Exempted : It is the supply of goods and services that does not attract GST and allows no claim on ITC.
Example: Bread, fresh fruits, fresh milk and curd etc

Zero Rated : made to any country other than India; supplies made to customers located in Special Economic Zones (SEZ) or SEZ Developers; and, supplies made as Deemed exports.

Non-GST : It is the supply of goods and services that does not come under the purview of GST while other taxes maybe applicable. Example: Petrol, alcohol etc

SUNIL DATT ADVOCATE (MANAGER ACCOUNTS) (7 Points)
Replied 05 January 2018

Sir if sale nil rated to bussiness dealer then where I show in gst 1 b2b or coloum 8 bill rated

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Gitima Mishra (2 Points)
Replied 02 April 2018

If exempt supply includes nil rated also, then how are we supposed to segregate between exempt and nil in the returns?

Siddharth Goel (Chartered Accountant) (3031 Points)
Replied 03 July 2018

Originally posted by : Gitima Mishra
	If exempt supply includes nil rated also, then how are we supposed to segregate between exempt and nil in the returns?

Nil Rated	It is the supply of goods and services that have 0% GST. Example: Grains, salt, jaggery etc.
Exempted	It is the supply of goods and services that does not attract GST and allows no claim on ITC. Example: Bread, fresh fruits, fresh milk and curd etc.
Zero Rated	Zero Rated Supplies include: - supplies made to any country other than India; and - supplies made to customers located in Special Economic Zones (SEZ) or SEZ Developers.
Non-GST	It is the supply of goods and services that does not come under the purview of GST while other taxes maybe applicable. Example: Petrol, alcohol etc.