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  • 1.d. What input tax credits are available in relation to bailment arrangements?

    Non-interpretative - straight application of the law.

    Provided the acquisitions are for creditable purposes, input tax credits will be available for the GST payable on bailment charges and GST payable on the purchase of the vehicle from the finance company as trading stock.

      Last modified: 07 Jun 2012QC 16411