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gst exemption list


Mock test in GST exemption list for preparation CA Inter, IPCC, CA Final, CMA Inter, CMA Final, CS executive programme, CS Professional programme Exams and for  GST practitioner & Government and Competitive exams.

mock test in gst exemption

Subject :- GST for CA Final

Chapter :- Exemption from GST – Test 1

Questions :- 30


The Central or State Government are empowered to grant exemption to the Goods or Services  from tax either absolute or conditional, which should be in the public interest on recommendation from the council by way of issue of notification.

In order to determine the liability of tax on any supply of Goods or Services falling under the scope of charging section of GST, it is important to identify whether such supply of Goods or Services are exempt from tax.

Exempt supplies comprise the following three types of supplies:  Supplies taxable at a ‘NIL’ rate of tax* (0% tax); Supplies that are wholly or partially exempted from CGST or IGST, by way of a notification amending Section 11 of CGST Act or Section 6 of IGST Act; Non-taxable supplies as defined under Section 2(78) – supplies that are not taxable under the Act (For Example Alcoholic liquor for human consumption.

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