How to differentiate B2C Supply with Zero rated supply?

Difference between Zeros rated supply and B2C Supply under GST terms

 

What is B2C Supply? How does Zero rate supply work under GST regime? What are the difference between B2C Supply and Zero rated supply?

 

Under GST system, the following information explains about B2C Supply and Zero rated supply.

 

The terms B2C and B2B are used very frequently these days, these are stand for ‘Business to Consumers’ and ‘Business to Business’, these two are totally different kind of transactions because the intention of transaction are altogether different.

“Zero rated supply” means any of the following supplies of goods or services or both, namely:––

  1. Export of goods or services or both;  or
  2. Supply of goods or services or both to a Special Economic Zone developer or a Special Economic Zone unit.

 

For your immediate reference, we give below web links on B2C Supply and Zero rated supply separately below.  You may kindly read the below links to know more about Zero rated supply and B2C Supply.  

 

Inter State B2C Supply Means

Zero rated supply under GST

 

The above information easily explains about Zero rated supply and B2C Supply.

 

I hope, you have satisfied with the difference between B2C Supply and Zero rated supply explained above. Do you have different thought on difference between Zero rated supply and B2C Supply?

 

Share below your thoughts about B2C Supply and Zero rated supply

 

 

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Recovery of tax, Section 79 of CGST Act, 2017

GST exemptions for SME

GST, Composition scheme changes        

Tax wrongfully collected and paid to Central Government or State Government, Sec 77 of CGST Act, 2017            

Section 74 Determination of tax not paid, CGST Act, 2017             

Officers to assist proper officers, Sec 72 of CGST Act, 2017           

Inspection of goods in movement, Sec 68 of CGST Act, 2017

Section 67 of CGST Act, 2017 Power of inspection, search and seizure    

Section 20 of IGST Act,2017 Application of provisions      

Tax wrongfully collected and paid to Central Government or State Government, IGST Act,2017 

Zero rated supply, section 16 of IGST Act,2017   

section 14 of IGST Act,2017, Special provision for payment of tax by a supplier                                            

Section 59 of CGST Act, 2017 Self-assessment    

Consumer Welfare Fund, Section 57 of CGST Act, 2017  

Refund of tax, Sec 54 of CGST Act, 2017

Transfer of input tax credit, Section 53 of CGST Act, 2017              

Tax deduction at source, Sec 51 of CGST Act, 2017   

        

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Meaning of term Inspection and Search under GST

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Documents needed for Finland import

 

Import Customs processes in Finland

 


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