In VAT regime, zero rating means —

CS Executive · Tax Laws and Practice · PYQS · December 2016
In VAT regime, zero rating means —
(A) Zero per cent rate of VAT
(B) Exempted from VAT
(C) Rate not declared by State
(D) All of the above.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: VAT

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