This paper concentrates on issues that were applicable after 1st July 2000 for Tourism Industries relative to GST.
Items discussed are as follows:
- GST Is Now With Us
- Gift Vouchers
- Lay Bys
- Second Hand Goods - Purchases From An Unregistered Person
- Inwards Duty Free Shops - GST Free
- Tourist Refund Scheme
- Recipient Created Tax Invoices
- Time Share Purchases
- Time Share Fees
- Business Activity Statement
- G1 - Total Sales And Income And Other Supplies
- G2 - Exports (GST Free Supplies)
- G3 - Other GST Free Supplies
- G9 - GST Debit Amount
- Acquisitions
- G10 - Capital Acquisitions
- G11 - Other Acquisitions
- Financial Supplies Threshold Exception In G11
