Difference between Tax Deductor and Non-taxable supply under GST terms
What is Non-taxable supply? How does Tax Deductor work under GST regime? What are the difference between Non-taxable supply and Tax Deductor?
Under GST system, the following information explains about Non-taxable supply and Tax Deductor.
As per GST terms, 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 and Tax Deductor means the person responsible for making the payment to vendor for the supplies obtained for.
The details about Non-taxable supply and Tax Deductor with simple language from GST terms have been mentioned in this web blog separately. We suggest you to read these articles on Non-taxable supply and Tax Deductor, so as to enable you to have a clear idea on these GST terms.
For your immediate reference, we give below web links on Non-taxable supply and Tax Deductor separately below. You may kindly read the below links to know more about Tax Deductor and Non-taxable supply.
Term non-taxable supply under GST
Tax Deductor under GST
The above information easily explains about Tax Deductor and Non-taxable supply.
We hope, you have satisfied with the difference between Non-taxable supply and Tax Deductor explained above. Do you have different thought on difference between Tax Deductor and Non-taxable supply?
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