non-taxable supply means a supply of goods or services or both which is not leviable to tax under this Act or under the Integrated Goods and Services Tax Act;
non-taxable supply means a supply that is not a taxable supply.
non-taxable supply. ’ means a supply of goods or services which is not chargeable to tax under this Act;
More Definitions of non-taxable supply
non-taxable supply. ’ means a supply of goods or services or both which is not leviable to tax under this Act or under the Integrated Goods and Services Tax Act, 2017, (No. 13 of 2017.);
non-taxable supply means a supply of goods or services or both which is not leviable to
non-taxable supply means a supply of goods or services or both which is not leviable to tax under this Act
non-taxable supply means [defn u/s 2(78)] a supply of goods or services or both
non-taxable supply means a supply of goods or services or both which is not leviable to tax under CGST Act or under the IGST Act. A transaction must be a ‘supply’ as defined under the GST law to qualify as a non-taxable supply under the GST.
non-taxable supply means a supply of goods or services or both which is not leviable to tax underthis Act or under the Integrated Goods and Services Tax Act;” Section 2(108) of the CGST Act:
non-taxable supply means a supply of goods or services or both which is not leviable to tax under this Act or under the Integrated Goods and Services tax Act”. From the above definition, it is clear that goods which are sold on HSS basis is non-taxable supply as no tax is leviable on them till the time ofcustoms clearance, in accordance with and compliance of Section 12 of the Customs Act, 1962 and Section 3 of the Customs Tariff Act, 1975. Hence, the input tax credit to the extent of inputs, input services and common input services would be required to be reversed by the applicant as per Section 17 of the CGST Act.