{"id":19599,"date":"2022-11-17T10:21:30","date_gmt":"2022-11-17T10:21:30","guid":{"rendered":"http:\/\/34.100.199.175\/?page_id=19599"},"modified":"2023-08-02T09:29:49","modified_gmt":"2023-08-02T09:29:49","slug":"zero-rated-nil-exempted-and-non-gst-supply","status":"publish","type":"page","link":"https:\/\/mybillbook.in\/s\/gst-goods-and-services-tax\/zero-rated-nil-exempted-and-non-gst-supply\/","title":{"rendered":"Zero Rated, NIL, Exempted and Non-GST Supply"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]<\/p>\n<h1 class=\"zox-post-title left entry-title\" style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Zero_Rated_NIL_Exempted_and_Non-GST_Supply\"><\/span>Zero Rated, NIL, Exempted and Non-GST Supply<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<h2 id=\"h-what-is-the-difference-between-nil-rated-exempted-zero-rated-and-non-gst-supplies\"><span class=\"ez-toc-section\" id=\"What_is_the_difference_between_Nil_Rated_Exempted_Zero_Rated_and_Non-GST_supplies\"><\/span>What is the difference between Nil Rated, Exempted, Zero Rated and Non-GST supplies?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The goods and services have been divided into Nil Rated, Exempted, Zero Rated, and Non-GST Supplies since the implementation of <a href=\"https:\/\/mybillbook.in\/s\/gst-goods-and-services-tax\/\">GST<\/a>.<\/p>\n<p><em>Here are the details to help you understand better how they are different from each other:<\/em>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<h3>Nil Rated<\/h3>\n<p>NIL-rated products and services are those for which the GST rate of 0% is in effect. These items or services are listed in schedule 1 of the GST rate and are subject to a 0% GST charge. Salt, jaggery, grains, and other items are examples of zero-rated supplies.<\/p>\n<p>No input tax credit is available for suppliers with a nil rate for the inputs and\/or input services utilised to provide the supply.[\/vc_column_text][vc_column_text]<div class='ai-viewports ai-viewport-1 ai-insert-15-85637979' style='margin: 8px 0px; clear: both; padding-left: 325px;' data-insertion-position='prepend' data-selector='.ai-insert-15-85637979' data-insertion-no-dbg data-code='PGRpdiBjbGFzcz0nY29kZS1ibG9jayBjb2RlLWJsb2NrLTE1JyBzdHlsZT0nbWFyZ2luOiA4cHggMHB4OyBjbGVhcjogYm90aDsgcGFkZGluZy1sZWZ0OiAzMjVweDsnPgo8YSBocmVmPSJodHRwczovL215YmlsbGJvb2suaW4vY3JlYXRlLWFjY291bnQvIj4gPGltZyBzcmM9Imh0dHA6Ly9teWJpbGxib29rLmluL3Mvd3AtY29udGVudC91cGxvYWRzLzIwMjMvMDYvR2VuZXJhdGUtR1NULVJlcG9ydHMtTm93LnBuZyIgYWx0PSJnZW5lcmF0ZSBnc3QgcmVwb3J0cyI+IDwvYT4KPC9kaXY+Cg==' data-block='15'><\/div>\n<script>\n  ai_run_608237394176 = function(){ai_insert_viewport_code ('ai-insert-15-85637979');};\n  if (document.readyState === 'complete' || (document.readyState !== 'loading' && !document.documentElement.doScroll)) ai_run_608237394176 (); else document.addEventListener ('DOMContentLoaded', ai_run_608237394176);\n<\/script>\n<br \/>\n[\/vc_column_text][vc_column_text]<\/p>\n<h3>Exempted<\/h3>\n<p>Exempted supply includes non-taxable supply and refers to the supply of any products or services, or both, that are subject to a zero per cent tax rate or that may be completely free from taxation under section 11 of the <a href=\"https:\/\/mybillbook.in\/s\/gst-goods-and-services-tax\/cgst-act\/\">CGST Act<\/a> or section 6 of the <a href=\"https:\/\/mybillbook.in\/s\/gst-goods-and-services-tax\/igst\/\">IGST Act<\/a>.<\/p>\n<p>The following details regarding exempted supplies are essential to understand:<\/p>\n<ul>\n<li>No goods and services tax (GST) applicable on outward supplies is applicable.<\/li>\n<li>An input tax credit is not available for exempted supplies, so you can\u2019t claim a credit for the taxes paid on inputs used to produce exempted supplies.<\/li>\n<li>A registered person must issue a \u201cbill of supply\u201d rather than a tax invoice when supplying exempt items, services, or both.<\/li>\n<\/ul>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<h3>Zero-Rated<\/h3>\n<p>The zero-rated supply category includes items sent abroad to Special Economic Zones (SEZs) or SEZ Developers. There is zero GST applied to this supply. For such supplies, ITC can be claimed.<\/p>\n<p>Any of the supplies of goods, services, or both described below are considered zero-rated supplies:<\/p>\n<ul>\n<li>The export of both products and services; or<\/li>\n<li>Provision of commodities, services, or both to a developer of a special economic zone.<\/li>\n<li>A section of the Special Economic Zone.<\/li>\n<\/ul>\n<p>[\/vc_column_text][vc_column_text]<div class='ai-viewports ai-viewport-1 ai-insert-15-89708471' style='margin: 8px 0px; clear: both; padding-left: 325px;' data-insertion-position='prepend' data-selector='.ai-insert-15-89708471' data-insertion-no-dbg data-code='PGRpdiBjbGFzcz0nY29kZS1ibG9jayBjb2RlLWJsb2NrLTE1JyBzdHlsZT0nbWFyZ2luOiA4cHggMHB4OyBjbGVhcjogYm90aDsgcGFkZGluZy1sZWZ0OiAzMjVweDsnPgo8YSBocmVmPSJodHRwczovL215YmlsbGJvb2suaW4vY3JlYXRlLWFjY291bnQvIj4gPGltZyBzcmM9Imh0dHA6Ly9teWJpbGxib29rLmluL3Mvd3AtY29udGVudC91cGxvYWRzLzIwMjMvMDYvR2VuZXJhdGUtR1NULVJlcG9ydHMtTm93LnBuZyIgYWx0PSJnZW5lcmF0ZSBnc3QgcmVwb3J0cyI+IDwvYT4KPC9kaXY+Cg==' data-block='15'><\/div>\n<script>\n  ai_run_698338207509 = function(){ai_insert_viewport_code ('ai-insert-15-89708471');};\n  if (document.readyState === 'complete' || (document.readyState !== 'loading' && !document.documentElement.doScroll)) ai_run_698338207509 (); else document.addEventListener ('DOMContentLoaded', ai_run_698338207509);\n<\/script>\n<br \/>\n[\/vc_column_text][vc_column_text]<\/p>\n<h3>Non-GST<\/h3>\n<p>Non-GST supplies are those that are outside of the purview of the GST. However, depending on the laws of the state or the nation, these supplies may be subject to taxes in addition to the GST. Petrol, alcohol, and other such supplies are a few examples.[\/vc_column_text][vc_column_text]<strong>Also Check:<\/strong><\/p>\n<table dir=\"ltr\" border=\"1\" width=\"821\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"100\" \/>\n<col width=\"154\" \/>\n<col width=\"100\" \/><\/colgroup>\n<tbody>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Billing Software with GST&quot;}\"><a href=\"https:\/\/mybillbook.in\/s\/\">Billing Software with GST<\/a><\/td>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Billing Software for Mac&quot;}\"><a href=\"https:\/\/mybillbook.in\/s\/billing-software-for-mac\/\">Billing Software for Mac<\/a><\/td>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Free Billing Software for PC&quot;}\">\n<div>\n<div><a href=\"https:\/\/mybillbook.in\/s\/free-billing-software\/\">Free Billing Software for PC<\/a><\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_section][vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_column_text][\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_column_text][\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_column_text][\/vc_column_text][\/vc_column][\/vc_row][\/vc_section]<\/p>\n","protected":false},"excerpt":{"rendered":"[vc_row][vc_column][vc_column_text] Zero Rated, NIL, Exempted and Non-GST Supply [\/vc_column_text][vc_column_text] What is the difference between Nil Rated, Exempted, Zero Rated and Non-GST supplies? The goods and services have been divided into Nil Rated, Exempted, Zero Rated, and Non-GST Supplies since the [...]","protected":false},"author":9,"featured_media":19671,"parent":19178,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.5.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nil Rated, exempted, zero-rated and non-GST supplies<\/title>\n<meta name=\"description\" content=\"Know about the difference between Nil Rated, exempted, zero-rated and non-GST supplies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mybillbook.in\/s\/gst-goods-and-services-tax\/zero-rated-nil-exempted-and-non-gst-supply\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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