This paper concentrates on issues that were applicable after 1st July 2000 for Construction and Development Industries relative to GST.
Items discussed are as follows:
- GST Is Now With Us
- Deposit Forfeited
- Contracts Which Span 1st July 2000
- Valuation Of Work In Progress At 30th June 2000
- Margin Scheme
- Subcontractors
- Progress Payments
- Business Activity Statement
- G1 Total Sales And Income And Other Supplies
- G2 - Exports (GST Free Supplies)
- G3 - Other GST Free Supplies
- GST Debit Amount
- Acquisitions
- G10 - Capital Acquisitions
- G11 - Other Acquisitions