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Definition of Zero-rated
1. Adjective. (chiefly British) subject to no value-added tax when sold (but the supplier can still recover VAT attributable to it) ¹
¹ Source: wiktionary.com
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1. Adjective. (chiefly British) subject to no value-added tax when sold (but the supplier can still recover VAT attributable to it) ¹
¹ Source: wiktionary.com