exempt supplies definition
exempt supplies means supplies of goods or services described in the Second Schedule to this Act;
exempt supplies means supplies of goods or services described in the Second Schedule to this Act; "export" has the meaning assigned to it under First Schedule;
exempt supplies. (ES) means supply of any goods or services or both which attract nil rate of tax or which may be exempt from tax under section 11 or under section 6 of the Integrated Goods and Services Tax Act, and includes non taxable supply, RCM outward supply, securities, sales of land and building subject to schedule II (5) (b).
More Definitions of exempt supplies
exempt supplies for this purpose means all supplies other than taxable and zero-rated supplies and specifically include the following: