If ABC Wholesalers Pty Ltd sells items for a total of $3,630 (GST-inclusive), what is the value (as per s9-75 of the GST Act 1999) of these supplies?

Name: If ABC Wholesalers Pty Ltd sells items for a total of $3,630 (GST-inclusive), what is the value (as per s9-75 of the GST Act 1999) of these supplies?
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Quizplus · Accepted Answer

The value of the supplies, excluding GST, is calculated by dividing the total amount by 1.1 (since GST in Australia is 10%). Therefore, $3,630 / 1.1 = $3,300.

If ABC Wholesalers Pty Ltd Sells Items for a Total