GST and the sale of reconditioned car parts

Terms we use

When we say:

• sales, we are referring to the GST term supplies. For GST a sale includes a sale or a supply of goods or services, lease of premises, hire of equipment, giving of advice or information, and export of goods. The GST term supply has a broad meaning also includes the supply of other things
   
• GST credit, we are referring to the GST term input tax credit. A GST credit is what you claim to get back the GST included in the price you pay for most goods and services you purchase for your business
   
• payment, we are referring to the GST term, consideration. Consideration is any payment or any act or forbearance in connection with a supply or any payment or any act or forbearance in response to or for the inducement of a supply.