Toll Free: 8008445940, 8008500478, 8008500482

Frequently Asked Questions on VAT

Last updated on 09 October, 2018


 Back to FAQ

What is an exempt supply?

Exempt supplies are those for which VAT does not apply. Businesses that supply exempt goods and services are not eligible to collect VAT during sales, cannot deduct input VAT paid to their suppliers, and are not allowed to register for VAT.

 Previous
Next 
Get your business VAT ready with Zoho Books, an easy to use accounting software
TRY IT FOR FREE

Source: