GST – completing your activity statement - Australian Taxation Office

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07 COMPLETING THE GST LABELS ON YOUR ACTIVITY STATEMENTG13 PURCHASES FOR MAKING INPUTTAXED SALESBefore completing G13:n if you haven’t already done so, check the list ofsupplementary instructions on page 9 to see if youneed to obtain any additional instructions that applyto your purchases and importationsn remember not to report G13 on your activity statement,but you need to show it in your records – it is usedto calculate the amount that you report at 1B onyour activity statementn remember that all amounts reported at G13 on theworksheet should also have been reported at G10or G11.What you do and do not report at G13Report at G13: Do not report at G13:You do report at G13:n amounts for purchases and importations, but only for thepart or amount that relates to making sales that would beinput taxed sales (see G4 for examples of input taxed sales)n if you received anything from an associate for no payment,or you have paid less than the full GST-inclusive marketvalue, you mustn work out what portion of it relates to making salesthat would be input taxedn report that portion of its full GST-inclusive market valueat G13.You do not report at G13 amounts for purchases orimportations that relate to making financial supplies andyou do not exceed the financial acquisitions threshold.For more information about the financialacquisitions threshold:n see 'financial acquisitions threshold' in 'Definitions'on page 48n refer to GSTR 2003/9 Goods and services tax:financial acquisitions threshold.32
07 COMPLETING THE GST LABELS ON YOUR ACTIVITY STATEMENTFringe benefitsYou may not be entitled to a GST credit for a purchaseor importation that is both:n provided as a fringe benefitn wholly or partly relating to making sales that are input taxed.For purchases and importations that fall into this category,you must do both of the following:n report the entire purchase price at G13, or the entireamount you reported for the importation at G10 or G11n not report an amount in relation to the purchaseor importation at G14 or G15.For more information, refer to GSTR 2001/3 Goodsand services tax: GST and how it applies to supplies offringe benefits.33
Page 1 and 2: Instructions for GST-registered bus
Page 3 and 4: CONTENTSCHAPTERABEFORE YOU STARTWha
Page 5 and 6: BEFORE YOU STARTA
Page 7 and 8: INTRODUCTION01ABOUT THESE INSTRUCTI
Page 9 and 10: 01 INTRODUCTIONEXAMPLE: A quarterly
Page 11 and 12: CHECK IF YOU NEEDADDITIONAL INSTRUC
Page 13 and 14: 03 CHOOSE A METHOD TO COMPLETE Y
Page 15 and 16: n4189-06-2011.indd 1IDENTIFY YOUR R
Page 17 and 18: IDENTIFY YOUR ACCOUNTING BASIS05The
Page 19 and 20: HOW TO COMPLETEYOUR ACTIVITYSTATEME
Page 21 and 22: 07 COMPLETING THE GST LABELS ON
Page 33: 07 COMPLETING THE GST LABELS ON
Page 41 and 42: STEP 6 - CHECK YOUR COMPLETEDACT
Page 43 and 44: AFTER COMPLETINGYOUR ACTIVITYSTATEM
Page 45 and 46: 08 LODGING YOUR ACTIVITY STATEME
Page 47 and 48: 09 EXAMPLE OF RECORD KEEPINGSam
Page 49 and 50: 09 EXAMPLE OF RECORD KEEPINGA pr
Page 51 and 52: INDEX1A, 13-14, 26, 371B, 13-14, 36
Page 53 and 54: INDEXinternational trade, see expor
Page 55: 53

GST – completing your activity statement - Australian Taxation Office

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