Complete business activity and instalment activity statements - Australia

The Good & Services Tax

3.1:Taxable Supplies and GST-Free supplies are two different types of supplies for GST purposes.

Describe each of these supplies and give two (2) examples of each type:

Taxable Supplies:	Record your description here
Example 1:
Example 2:

GST-Free Supplies:	Record your description here
Example 1:
Example 2:

3.2:Explain the difference between the terms 'Input Tax Credits' and 'Input Taxed Supplies'.

Give two (2) examples of Input Taxed Supplies (ITS).

Input Tax Credits:
Input Taxed Supplies:
ITS example 1:
ITS example 2: