i) Taxable Activity:
A taxable activity refers to an activity which is carried on by a person, either wholly or partly in the country, whether or not for a monetary profit, that involves or is intended to involve, in whole or in part, the supply of goods or services to another person for consideration.

Examples:

• The supply of staff.
• The sale or leasing of goods.

ii) Exempt Supply:
Exempt supply refers to the supply of goods and services for which no VAT is charged.

Examples:

• Accommodation at schools and hospitals.
• A supply of medical services and medical supplies.

iii) Relief Supply:
A relief supply is a supply that is effectively zero-rated because of the status of the taxpayer, making it not taxable when sold.

Examples:

• Supplies to the President of the Republic of Ghana.
• Emergency relief items approved by Parliament.

iv) Zero-Rated Supply:
A zero-rated supply refers to the supply of goods and services on which VAT is charged at a rate of 0%.

Examples:

• Export of non-traditional products.
• Freight and insurance directly attributable to the export of goods.