Section 11 of the Goods and Services Tax (GST) Act empowers the government to grant exemptions from paying GST on certain goods or services. This means that certain goods or services may be exempted from GST, which is a tax that is levied on most goods and services in India.
The government may choose to grant exemptions in order to promote certain industries, encourage the use of certain products, or to provide relief to certain groups of people. For example, basic food items such as fruits, vegetables, and unprocessed grains are exempt from GST, as are certain essential medicines.
Exemptions may be granted for a limited period of time or indefinitely, and may be subject to certain conditions or restrictions. The government may also choose to partially exempt certain goods or services from GST, meaning that only a portion of the tax is levied.
It’s important to note that just because a good or service is exempt from GST, it doesn’t mean that it’s completely tax-free. Businesses may still be required to pay other taxes, such as income tax or customs duty, on these goods or services.
In summary, section 11 of the GST Act gives the government the power to exempt certain goods or services from GST in order to promote certain industries, provide relief to certain groups of people, or encourage the use of certain products.
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