Zero-rated supply: Zero-rated supply is a type of GST supply where the GST rate applicable is 0%, but the supplier can still claim the input tax credit.
Supply: Exports/SEZ Supplies.
Nil-rated supply: Nil-rated supply is a type of GST supply where the GST rate is also 0%, but the supplier cannot claim the input tax credit.
Supply: Supplies that have a declared rate of 0% GST.
Example: Salt, grains, jaggery etc.