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  • Sales Tax 13th December, 2023-2

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    Brown Boi
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    The document discusses different types of supply under a sales tax system including taxable supply, zero-rated supply, and exempt supply. Taxable supply is the normal supply subject to tax, zero-rated supply is taxed but at a rate of 0%, and exempt supply is not subject to tax. Examples of each type of supply are provided for different raw materials and packing materials.

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    The document discusses different types of supply under a sales tax system including taxable supply, zero-rated supply, and exempt supply. Taxable supply is the normal supply subject to tax, zero-rated supply is taxed but at a rate of 0%, and exempt supply is not subject to tax. Examples of each type of supply are provided for different raw materials and packing materials.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    3 views7 pages

    Sales Tax 13th December, 2023-2

    Uploaded by

    Brown Boi
    The document discusses different types of supply under a sales tax system including taxable supply, zero-rated supply, and exempt supply. Taxable supply is the normal supply subject to tax, zero-rated supply is taxed but at a rate of 0%, and exempt supply is not subject to tax. Examples of each type of supply are provided for different raw materials and packing materials.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 7

    TARIQ TUNIO

    P o i n t 2 : t y p e s o f s u p p ly
    TARIQ TUNIO

    TYPES

    TAXABLE SUPPLY EXEMPT SUPPLY

    NORMAL/SR ZERO-RATED
    SUPPLY SUPPLY
    P o i n t 2 : t y p e s o f s u p p ly
    TARIQ TUNIO

    NORMAL EXEMPT
    EXEMPT
    SUPPLY

    ZERO RATE
    P o i n t 2 : t y p e s o f s u p p ly
    TARIQ TUNIO

    PRODUCT TA X A B L E S U P P LY

    RAW MATERIAL 1 1

    PRODUCT Z E R O - R AT E D S U P P LY

    RAW MATERIAL 2 2

    PRODUCT E X E M P T S U P P LY

    RAW MATERIAL 3 3
    P o i n t 2 : t y p e s o f s u p p ly
    TARIQ TUNIO

    PRODUCT TA X A B L E S U P P LY

    RAW MATERIAL 1 1

    PRODUCT Z E R O - R AT E D S U P P LY

    RAW MATERIAL 2 2

    PRODUCT E X E M P T S U P P LY

    RAW MATERIAL 3 3

    PACKING MATERIAL

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