Is it deemed that SAC 998351, pertaining to veterinary services, qualifies as an exempt supply or a supply that is subject to nil-rated taxation?
Answer — Nill Rated
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Is the supply under SAC 998351 to be classified as an exempt supply or considered as a nil-rated supply?
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One response to “Is the supply under SAC 998351 to be classified as an exempt supply or considered as a nil-rated supply?”
I think that The supply under SAC 998351, which pertains to veterinary services for pet animals, is classified as an exempt supply, not a nil-rated supply. This classification is based on the information provided in the sources, where it is deemed that SAC 998351 qualifies as an exempt supply under GST regulations[.
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