Zero-Rated

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Zero-Rated

Goods and services that are not subject to a VAT. Examples of potentially zero-rated goods and services include financial services and items donated to a charity that the charity later sells.
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References in periodicals archive ?
The freight carrier invoices Customer B without including GST because the freight carrier views the supply as a zero-rated supply on an international transportation service.
This separate charge could be considered a reimbursement of a "freight transportation service." As such, this "freight transportation service" may qualify as a zero-rated supply under Schedule VI, Part VII, section 8.
A zero-rated supply is charged to the customer at a rate of zero per cent and this needs to be stated on an invoice.
Does this transaction fall under the provisions of Schedule VI, Part V section 2, as a zero-rated supply?