Just a moment...
We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic
• Quick overview summary answering your query with references
• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced
• Includes everything in Basic
• Detailed report covering:
- Overview Summary
- Governing Provisions [Acts, Notifications, Circulars]
- Relevant Case Laws
- Tariff / Classification / HSN
- Expert views from TaxTMI
- Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.
Help Us Improve - by giving the rating with each AI Result:
Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
<h1>Exempt supply classification clarified: nil-rated, wholly exempted, and non-taxable services guide GST and input tax credit treatment.</h1> Exempt supply under GST covers nil-rated supplies, supplies wholly exempt under the CGST or IGST Acts, and non-taxable supplies. For input tax credit reversal, section 17(3) excludes Schedule III transactions from the value of exempt supply except specified exceptions; Rule 45 prescribes that land and building values follow stamp duty valuation and that security value is taken at a prescribed proportion of its sale value. Schedule III transactions are not treated as supplies.