You are here : Home »Knowledge Categories » GST-Brief Write up » GST-Brief Write Up
AUSTRALIA’S GOODS AND SERVICE TAX SYSTEM-HOW IT WORKS- A BRIEF SNAP SHOT
The Goods and Service Tax came in to operation with effect from 01/07/2000.
Basically it’s an indirect tax being collected by the Federal Govt. and handed to States.
GST Brief Overview:
In order to determine whether GST applies to a particular situation or not, one should really know answer to the followings:
Merely passing on the clauses and / or sections are not enough.
Categorisation of Supplies
Basically supplies have been classified into four categories:
GST Free; and
Supplies which are out of the scope of the GST system
What is Taxable “Supply”?
The Provisions of Chapter X-A of the Income Tax Act, 1961, r..
SINGAPORE’S GOODS AND SERVICE TAX SYSTEM-HOW IT WORKS-..
Companies (Name Availability) Rules, 2011 In exercise of ..
Maintenance of Books and Records-Hong Kong- Rules and Notifi..
GST overview and Reporting-Australia Reporting Obligation..