Which of the following supplies is exempt from VAT?
ASale of a motor vehicle
BBasic food itemsCORRECT
CConsultancy services
DHotel accommodation
ICANTaxationValue Added Tax2021
AI
Toaster Teacher
Why the answer is B, and why the others tempt you.
Basic food items, medical and pharmaceutical products, educational materials and baby products are among the goods exempted under the First Schedule to the VAT Act.
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