Dear Sir/ Madam
Please clarify that is there any difference between Non-Taxable supply and Non-GST supply with examples.
Regards
Archna Gupta
Understanding Non-Taxable vs. Non-GST Supplies: Key Differences Explained Under the CGST Act and Schedule III A user inquired about the difference between non-taxable and non-GST supplies. Responses clarified that non-taxable supplies are goods and services with nil GST, such as grains and salt, while non-GST supplies are those not covered by GST but may be subject to other taxes, like petrol and alcohol. Another user noted that non-taxable supplies are defined under the CGST Act as those not subject to tax due to exemptions. A participant also mentioned that supplies not classified as goods or services under Schedule III of the CGST Act are non-taxable, while petroleum products and alcohol are non-GST supplies. (AI Summary)
Goods and Services Tax - GST