Blog Post
BACK TO HOME
GST Exemption 2019

GST Exemption 2019

The government has classified certain goods and services as exempt from GST. Unlike with zero-rated goods and services, business owners cannot claim input tax credit for the sale of exempted goods and services. Exemption from tax refers to the supplies which attracts the “Nil rate of Tax” or which may be wholly exempt from tax and also includes non – taxable supply.

gst exemption 2019

Want complete access to this blog?

Step 1 of 2

50%
  • Like the blog?

    Sign-in to continue reading!

Small businesses are the backbone of India's economy, driving innovation, job creation, and economic growth. Recognising and supporting these changemakers is crucial to building a thriving entrepreneu...

In today’s digital world, small businesses must focus on local online marketing strategies to connect with nearby customers effectively. Whether it’s a local bakery, a boutique, or a service-based...

The home decor business is booming as more people are investing in stylish, comfortable, and personalised living spaces. With rising interest in aesthetically pleasing interiors, there is immense pote...

Leave a Reply

Your email address will not be published. Required fields are marked *