Section 75-5(1) applies to work out the amount of GST on “a taxable supply of real property” where, relevantly, the taxable supply takes the form of a sale of a freehold interest in land: s 75‑5(1)(a). The Commissioner’s contention focusses on the word “supply”, whereas ...
003 - Voluntary Agreement Select this option if your form type is Business and Personal Services Income and payment type is voluntary agreement. 004 - Personal Services Attributed Income Select this option if your form type is Business and Personal Services Income and payment type is Personal ...
Voluntary Registration Benefits Opting for voluntary GST registration presents strategic advantages. It allows businesses to avail input tax credit (ITC) on purchases, thereby reducing overall tax liability. Moreover, voluntary registration enhances market credibility and enables businesses to participate in ...