GST – completing your activity statement - Australian Taxation Office

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07 COMPLETING THE GST LABELS ON YOUR ACTIVITY STATEMENTPurchases and importations with special rulesImportationsFor non-taxable importations, report at G10 or G11(depending on whether the goods are capital or non‐capitalitems) the amounts you have paid, or are liable to pay, for allof the following:n the goods importedn the international transport of the goods to their placeof consignment in Australian insurance of the goods for that transport.For taxable importations, report at G10 or G11 (dependingon whether the goods are capital or non-capital items) either:n the sum of the followingn the Customs value of the goods importedn the amounts you have paid or are liable to payn for the international transport of the goods to their place ofconsignment in Australia (if not included in the Customs value)n to insure the goods for that transport (if not included in theCustoms value)n any Customs duty you are liable to pay in relation to theimportation of the goodsn any wine tax you are liable to pay in relation to the local entryof the goodsn the GST you are liable to pay on the taxable importations, orn the GST you are liable to pay on the imports, multiplied by 11.If you pay additional GST to Customs because GST wasunderpaid on a previous importation of a capital or non-capitalitem, report at G10 or G11 the amount of GST paid, multipliedby 11. This also applies if the additional GST is deferred underthe deferred GST scheme.Purchases of excisable goods in bondIf you purchase excisable goods in bond, report the purchaseat G10 or G11 (depending on whether the goods are capitalor non-capital items). However, do not report the actual priceyou have paid or are liable to pay for the purchase if any of thefollowing occur – your purchase:n was not wholly or partly for your businessn relates wholly or partly to making sales that would beinput taxedn is wholly or party of a private or domestic nature.Instead you must do the following:n work out how much GST you are liable to pay onthe goods you have purchasedn multiply this amount by 11n report this amount at G10 or G11.Remember to remove GST from the amount you reportat G11 if you are using the accounts method and havechosen to show your amounts as GST-exclusive.For more information about importing goods, refer to:n GST and imported goodsn Easy steps to the deferred GST scheme.30
07 COMPLETING THE GST LABELS ON YOUR ACTIVITY STATEMENTSTEP 4 – CALCULATING PURCHASES USINGTHE CALCULATION WORKSHEETStep 4 includes information about:n G12 (G10+G11)n G13 purchases for making input taxed sales - fringe benefitsn G14 purchases without GST in the pricen G15 estimated purchases for private use or not incometax deductible - annual private apportionmentn G16 (G13+G14+G15)n G17 total purchases subject to GSTn G18 adjustmentsn G19 total purchases subject to GST after adjustmentsn G20 GST on purchases.G12 SUBTOTAL (G10 + G11)Add the amounts reported at G10 (capital purchases) and G11(non-capital purchases). This is the total of your purchases andimportations.If you have chosen to use the accounts method, youdo not need to complete step 4. Go to step 5 on page 37.Remember, if you use the calculation worksheet method,amounts reported at all labels must include GST.31
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GST – completing your activity statement - Australian Taxation Office

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