Relief Supply – NBC Institute

TX – May 2019 – L3 – Q4C – Business income – Corporate income tax

Explain VAT terms including taxable activity, exempt supply, relief supply, and zero-rated supply, with examples.

Question

c) Explain the following terms used under Value Added Tax (VAT) administration and provide TWO (2) examples under each term.
i) Taxable activity (2 marks)
ii) Exempt supply (2 marks)
iii) Relief supply (2 marks)
iv) Zero-rated supply (2 marks)

Answer

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Tags: Exempt Supply, Ghana Revenue Authority, Relief Supply, Taxable Activity, VAT, Zero-Rated Supply
Level: Level 3

Topic: Tax administration in Ghana
Series: MAY 2019

Question Tag: Relief Supply

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TX – May 2019 – L3 – Q4C – Business income – Corporate income tax

Explain VAT terms including taxable activity, exempt supply, relief supply, and zero-rated supply, with examples.

TX – May 2019 – L3 – Q4C – Business income – Corporate income tax

Explain VAT terms including taxable activity, exempt supply, relief supply, and zero-rated supply, with examples.

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Question Tag: Relief Supply

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TX – May 2019 – L3 – Q4C – Business income – Corporate income tax

Explain VAT terms including taxable activity, exempt supply, relief supply, and zero-rated supply, with examples.

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TX – May 2019 – L3 – Q4C – Business income – Corporate income tax

Explain VAT terms including taxable activity, exempt supply, relief supply, and zero-rated supply, with examples.

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