GST Assessment for Net Amounts
In a dispute regarding claimed input tax credits, the Administrative Appeals Tribunal held a taxpayer was unable to substantiate his claims for the credits and accordingly affirmed a notice of assessment for net amounts issued by the Commissioner. The Tax Office had formed an opinion that the taxpayer had over-claimed credits following an audit. The taxpayer conducted a lawn mowing business and the acquisitions related to goods and services from a mower centre and fuel.
In a dispute regarding claimed input tax credits, the Administrative Appeals Tribunal held a taxpayer was unable to substantiate his claims for the credits and accordingly affirmed a notice of assessment for net amounts issued by the Commissioner. The Tax Office had formed an opinion that the taxpayer had over-claimed credits following an audit. The taxpayer conducted a lawn mowing business and the acquisitions related to goods and services from a mower centre and fuel.
