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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

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