Question: ABC Pty . Ltd . purchases $ 5 , 5 0 0 worth of movie tickets. It provides these tickets for free to its customers.
ABC Pty Ltd purchases $ worth of movie tickets. It provides these tickets for free to its customers. Can ABC Ltd claim input tax credits in relation to this purchase? If so what is the amount of input tax credits that can be claimed. Please refer to any appropriate legislation in your answer.
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