Which one of the following supplies of residential premises is input taxed?

Name: Which one of the following supplies of residential premises is input taxed?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A sale of established (not new) residential premises is considered input taxed, meaning GST is not charged on the sale. This is because the sale of pre-existing residential properties is generally not subject to GST, as opposed to new residential premises, commercial residential premises, or non-residential premises.

Which One of the Following Supplies of Residential Premises Is