Buyers - Goods and Services Tax (GST)

All items include GST in the price.

Are used items subject to GST?

Yes, any vendor that is registered, or required to be registered, will be required to charge GST on the supply of the used items.

I am going to re-sell the item I bought from Tropicaltech, can I claim back the GST I have paid?

Your GST Status will determine whether you will be able to claim an input tax credit for any GST charged on the supply of the item. A registered purchaser may be entitled to a full input tax credit on goods purchased from both registered and unregistered suppliers due to the special provisions relating to used goods.

The input tax credit is able to be claimed by the purchaser as follows:

If the payment for the goods is $300 or less, the credit is attributed to the period in which payment (or part thereof) was made, or when a tax invoice was received, which ever is the earlier.

If the payment is more than $300 the credit cannot be claimed until the purchaser subsequently sells the second hand goods and charges GST on the sale.

In this circumstance, the credit is also attributed to the period in which payment (or part thereof) was received, or when a tax invoice was issued, which ever is the earlier.

The input tax credit is 1/11th of the amount paid for goods.

Can I claim back the GST I paid?

If a registered purchaser pays GST on goods and services acquired for their business enterprise, they will generally be entitled to an input tax credit.

Please note: