What is GST Exemption: List of Exempted Goods & Items

Switch to Digit Insurance

Trusted by 2 crore Indians

COVID-19 covered

Health
Car
Bike
Commercial
COVID-19 covered

Travel
More Products

Enter Your Car Registration number

Mobile Number

+91

Enter Mobile Number to Proceed

+91

OR ENTER YOUR CAR NUMBER

DON'T KNOW YOUR CAR NUMBER?

or renew digit policy

I agree to the Terms & Conditions

Registration Number

{{(bikeCtrl.bikeLocalStorageValues.vehicle.isVehicleNew)?'New bike registration city':'City'}}

Previous policy expiry

Not Expired

Expired

DON'T KNOW REGISTRATION NUMBER?

I KNOW MY REGISTRATION NUMBER

IT'S A NEW BIKE

OR RENEW DIGIT POLICY

Which countries are you visiting?

x {{country}}

Most Popular(You can select more than one)

{{country}}

Leaving date

Return date

Try agian later

As mandated by Spanish Authorities your travel insurance needs to extend 15 days after your trip ends.
We will extend your coverage period accordingly.

Get Quote

Pincode

Policy Start Date

Policy End Date

Get Quote

Pin Code

Agent Code

In case, you wish to buy a plan for your siblings, aunts, uncles or any other relatives, you can buy a separate plan for them.

Add Members you want to insure

Mobile Number

Try agian later

Port my existing Policy

Agent Name: {{healthCtrl.integraAgentDetails.agentName}}

State: {{healthCtrl.integraAgentDetails.state}}

SP Name: {{healthCtrl.integraAgentDetails.spName}}

SP Code: {{healthCtrl.integraAgentDetails.spCode}}

Try agian later

Pin Code

Agent Code

Agent name: {{healthCtrl.integraAgentDetails.agentName}}

State: {{healthCtrl.integraAgentDetails.state}}

SP Name: {{healthCtrl.integraAgentDetails.spName}}

SP code: {{healthCtrl.integraAgentDetails.spCode}}

Mobile Number

+91 {{healthCtrl.mobileNumberError}}

Try agian later

done

I agree to the Terms & Conditions

You can select more than one member

{{familyMember.name}}

-{{familyMember.multipleCount}}+ Max {{healthCtrl.maxChildCount}} kids

(s)

Registration Number

Mobile Number

+91

City

Mobile Number

+91

OR ENTER YOUR REGISTRATION NUMBER

DON'T KNOW YOUR REGISTRATION NUMBER

or renew digit policy

I agree to the Terms & Conditions

Get Quote

Switch to Digit Insurance

What is an exempt supply under GST?

There are three types of supplies that can enjoy exemption under GST. They are as follows:

Supplies taxable at 0% tax or nil tax rate.
Whole or partial exemption of supplies under CGST or SGST.
Supplies under Section 2(78).

Note: One cannot utilise the input tax credit applicable to these supplies.

In addition to this, one must follow the list mentioned below to understand the differences between nil-rated, zero-rated, exempt and non-GST supplies.

Supplies	Meaning
Nil-rated	Supplies that have 0% tax rate. Example: Salt.
Non-GST	Ones that do not come under the purview of GST law include alcohol for human consumption.
Zero-rated	Export supplies to SEZ (Special Economic Zone) developers.
Exempt	Taxable supplies that do not attract GST. Curd, fruits are among some of the supplies.

Understand GST Exemption

What is a GST exemption?

What is an exempt supply under GST?

Types of exemption in GST

List of GST exemption

GST exemption from registration

GST exemption for start-ups and small businesses

Exempted goods under GST

Exempted services under GST

Reasons for exemption under GST

Frequently Asked Questions

✓ Will an individual dealing with tax-exempt supplies need to register under GST if his annual turnover exceeds Rs.20 lakhs?

✓ Is it mandatory to issue a tax invoice if I sell exempt goods to a single person?

✓ What is the treatment of ITC in the case of exempt supply?

Other articles about GST

Get our app