• GST and second-hand goods

    These instructions will help you calculate and report goods and services tax (GST) on sales and purchases of second-hand goods.

    The term 'second-hand' means 'previously used' or 'not new'.

    Second-hand goods do not include the following:

    • precious metal,
    • goods to the extent that they consist of gold, silver, platinum or any other substance which, if it were of the required fineness, would be precious metal
    • animals or plants.

    Find out more

    GSTR 2000/8External Link Goods and services tax: special credit for sales tax paid on stock

    End of find out more


      Last modified: 05 May 2014QC 17481