Which One of the Following Statements Is Not True About

Which one of the following statements is not true about a purchase of second hand goods?

A) If the goods were purchased for $300 or less, the second-hand dealer is deemed to have purchased the goods from an unregistered entity GST-inclusive
B) If the second-hand goods were acquired for more than $300, the second-hand dealer is entitled to a notional input tax credit equivalent to 1/11th of the amount paid to acquire the goods in the tax period in which the dealer subsequently sells the second-hand goods
C) No input tax credit can be claimed on the purchase of second hand goods from someone who is not registered for GST
D) The amount of any notional input tax credit that can be claimed is not able to exceed the amount of GST payable in respect of the subsequent sale of the second-hand goods