3 Questions
Which of the following is an example of a sale for GST purposes?
Giving of advice
What is the purpose of a GST credit?
To claim back the GST included in the price of goods and services purchased for your business
Which of the following is an example of a purchase for GST purposes?
Export of goods
Test your understanding of GST sales, purchases, and credits with this quiz. Learn the different types of transactions that fall under the terms 'supply' and 'acquisition' and enhance your knowledge of GST regulations. Keywords: GST, sales, purchases, credits, supply, acquisition, regulations.
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