Zeros rated supply and Place of supply under GST terms

Posted on 11 June 2022 Category : GST terms difference

How to differentiate Place of supply with Zero rated supply?

What is Place of supply? How does Zero rate supply work under GST regime? What is the difference between Place of supply and Zero rated supply?

Under GST system, the following information explains about Place of supply and Zero rated supply.

“Place of supply” means the place of supply as referred to in Chapter V of the Integrated Goods and Services Tax Act;

“Zero rated supply” means any of the following supplies of goods or services or both, namely:–– Export of goods or services or both; or Supply of goods or services or both to a Special Economic Zone developer or a Special Economic Zone unit.

The details about Place of supply and Zero rated supply with simple language from GST terms have been mentioned in this web blog separately. We suggest you to read these articles on Place of supply and Zero rated supply, so as to enable you to have a clear idea on these GST terms.

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

Term place of supply under GST

Zero rated supply under GST

The above information easily explains about Zero rated supply and Place of supply.

We hope, you have satisfied with the difference between Place of supply and Zero rated supply explained above. Do you have different thought on difference between Zero rated supply and Place of supply?

Share below your thoughts about Place of supply and Zero rated supply

Learn Exports Imports Free, Click here

Click here to know GST rate of your goods or service

How to claim IGST refund on exports?

Export procedure changes after GST implementation

Factory stuffing procedures after GST implementation

Import of goods attracts IGST but not CVD under GST regime

Import goods attracts IGST and CVD under GST regime

Import Goods attract IGST, CVD and Compensation Cess under GST regime

Safeguard duty and Anti-dumping duty after GST implementation

Section 1 of UTGST Act 2017

Section 172 of CGST Act, 2017 Removal of difficulties