Find from following each situation whether it is Taxable supply or GST Free supply or...
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Accounting
Find from following each situation whether it is Taxable supply or GST Free supply or Input taxed supply? Explain your answer with relevant section number and how much GST, if any, is included in the following situation. The supply of a meal $44,000 at a restaurant , The sale of shares $99,000 in NXC company , The sale of $555,500 of a new residential home by a builder. ,The sale of a business $44 m as a going concern, The sale of chocolates $33,000 by a supermarket, The lease $33,000 of office premises, The opening of a bank account of $77,000.
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