Which of the following is an exempt supply under GST?

₹0.0

Question: Which of the following is an exempt supply under GST?

Options:

Correct Answer: Export of goods

Solution:

Export of goods is considered an exempt supply under GST.

Which of the following is an exempt supply under GST?

Which of the following is an exempt supply under GST?

Step 1: Understand what GST is. GST stands for Goods and Services Tax, which is a tax on the supply of goods and services.
Step 2: Learn about exempt supplies. Exempt supplies are goods or services that are not subject to GST.
Step 3: Identify examples of exempt supplies. One common example is the export of goods.
Step 4: Recognize that when goods are exported, they are not taxed under GST, making them an exempt supply.
Step 5: Conclude that the export of goods is indeed considered an exempt supply under GST.

No concepts available.