Seven years after the introduction of GST, we are all still struggling with some fundamental concepts, such as supply and enterprise. Unless we understand what an enterprise is, or what a supply is, we cannot even start to determine what GST can be claimed or needs to be accounted for. This paper concentrates on these vital issues, with a brief introduction to:
- GST fundamentals
- tripartite supplies
- GST accounting
- deposits
- deposits in practice
- settlements
- the BAS
- complex areas
- apportionment of input tax
- property.