Briefly summarise GST regulations and obligations with reference to GST classifications and relevant materials and...

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Accounting

Briefly summarise GST regulations and obligations with reference to GST classifications and relevant materials and provide the correct BAS code for each of the tabled activities. (150160 words)

Activity BAS code:-

1/.Total sales Export sales

2/.Other GST-free sales

3/.Capital purchases

4/.Non-capital purchases

5/.GST on sales

6/.GST on purchases

(Please answer according to Australian Accounting Environment) (Please type up your answer)

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