GST Blue Saffron

GST - Australia - Decline Value

December 29, 2021 Anup Season 1 Episode 44
GST Blue Saffron
GST - Australia - Decline Value
Show Notes

The decline value (depreciation) is claimed by the taxpayer on purchase of inputs of goods / services (input supplies). However, if the Input taxed Supply is claimed in GST Credits then it cannot be re-used for deductions. However, the balance amount can be.