zero-rated

(redirected from Zero-Rated Goods and Services)
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ze·ro-rate

(zîr′ō-rāt′, zē′rō-)
tr.v. ze·ro-rat·ed, ze·ro-rat·ing, ze·ro-rates Chiefly British
To exempt from paying a value-added tax.

zero-rated

adj (zero rated when postpositive)
(Commerce) denoting goods on which the buyer pays no value-added tax although the seller can claim back any tax he has paid
Translations

zero-rated

[ˈzɪərəʊˌreɪtɪd] ADJ to be zero-rated for VATtener tipo cero del IVA

zero-rated

[ˌzɪərəʊˈreɪtɪd] adj (Brit) (Comm) → ad aliquota zero
References in periodicals archive ?
"This is to ensure all comply with the laws and regulations as well as to ensure VAT is not charged on zero-rated goods and services."
It is still too early to see the effects of SST on the prices of goods as majority of traders are still using their existing stock obtained during the tax holiday (zero-rated Goods and Services Tax) since June 1.
They also define profit margins and explains how to calculate VAT based on profit margins, and dress zero-rated goods and services, including telecommunications, international transportation of passengers or goods, investment grade precious metals, new and converted residential buildings, as well as healthcare, education and buildings earmarked for charity.