zero-rated

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zero-rated

denoting goods on which the buyer pays no value-added tax although the seller can claim back any tax he has paid
References in periodicals archive ?
Others to be given a zero rating include Broad Street bar Bierkeller, independent bakery Peel & Stone and Grade II listed pub The British Oak.
Zero rating also applies to the supply of aircrafts or vessels designated for use in the assistance or rescue by air or sea ; the supply of goods and services related to the transfer of goods or passengers aboard land, air or sea means of transport, designated for consumption on board ; or anything consumed by means of transportation, any installations or addition thereto or any other uses during transportation.
It is one of nine restaurants on the list of venues with a zero rating.
By introducing the exemption for FiOS TV, it is apparent that Verizon is not worried about being reprimanded again for its zero rating practices.
Prime Minister David Cameron last night secured support from all EU states for new flexibility on VAT which will allow the UK to introduce a zero rating for sanitary products.
In an oblique reference to Airtel, the company termed its new offerings as ' anti- zero rating plans' designed to provide absolute freedom to customers to surf, call and chat freely and fairly.
Francis Mathew, a partner at Spicy Vujon in Bangor, said: "We took the premises over from the previous owners who had a zero rating.
Airtel has said that zero rating does not violate net neutrality as it lowers the cost of access and it is non-discriminatory".
As you may recall, the Net Neutrality issue emerged after Bharti Airtel announced a Zero Rating platform - that led to brouhaha on the web and also in the mainstream media.
Both net neutrality and zero rating principles pursue end-customer satisfaction by making it easier for consumers to have access to the contents available on the Internet.
The UK is unusual across the EU in having a widely drafted range of zero rated categories it is allowed to used: books, newspapers, new housing sales, certain foodstuffs, children's clothing are examples, but that zero rating was a relief secured for the UK and it is by no means clear that Scotland will be able to retain those zero rating reliefs.
Terming withdrawal of zero rating and imposition of sales tax on supplies harmful to the business activities, they said that erosion of textile industry's competitiveness, particularly against the huge incentives being provided by the countries like China, India and Bangladesh to the industry and exporters.