A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 72.25 Supplies that would otherwise be GST - free, input taxed or financial supplies
A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 72.25
Supplies that would otherwise be GST - free, input taxed or financial suppliesThe fact that a supply to or from your * associate is without * consideration does not stop the supply from being any of the following for the purposes of the * GST law:
(a) a * GST - free supply;
(b) a supply that is * input taxed;
(c) a * financial supply.