Business Terms and Jargon Explained

What is Exempt Supply

Tax Definition:-

A supply for which no tax is payable and in respect of which Input tax cannot be claimed.

Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

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Free Zone Goods Balboa Public Good
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Term created / updated 2006-11-30 12:28:32

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