exempt supplies definition

exempt supplies means supplies of goods or services described in the Second Schedule to this Act;
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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;
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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).
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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:
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Related to exempt supplies

  • exempt supply means supply of any goods or services or both which attracts nil rate of tax or which may be wholly exempt from tax under section 11, or under section 6 of the Integrated Goods and Services Tax Act, and includes non-taxable supply;

  • Fixed Asset Supplies means items included within “Property and Equipment” under the Uniform System of Accounts including, but not limited to, linen, china, glassware, tableware, uniforms, and similar items, whether used in connection with public space or Guest Rooms.

  • Significant Supplier has the meaning set forth in Section 3.21(b).

  • Excluded Equipment means (i) defibrillators, enhanced emergency medical kits and other medical equipment, (ii) airphones and other components or systems installed on or affixed to the Airframe that are used to provide individual telecommunications or electronic entertainment to passengers aboard the Aircraft, (iii) galley carts, beverage carts, waste containers, liquor kits, food tray carriers, ice containers, oven inserts, galley inserts, and other branded passenger convenience or service items, (iv) any items, equipment or systems leased by Company or any Permitted Lessee (other than items, equipment, or systems that are leased from Company pursuant to the applicable Lease) or owned by Company or any Permitted Lessee subject to a conditional sales agreement or a security interest (other than the security interest granted under the Indenture), and (v) cargo containers.

  • Relevant Supplier shall have the meaning set out in Clause 7.1;