alleryStart learning →Which is included in value of exempt supply under Section 17(3)?
AExport of goods abroad
BSupply to an SEZ unit
CSale of land or securities
DTaxable composite supply
Answer & Solution
Correct answer: C. Sale of land or securities
Section 17(3) says exempt supply value includes reverse charge supplies, transactions in securities, sale of land and, in part, sale of building.
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