Local Stores Pty Ltd operates a retail store and provides you with the following details to prepare their March $2024$ ?Business Activity Statement. Local Stores is registered for GST on a quarterly accrual basis. All amounts below are stated as GST inclusive where GST is applicable and All Goods Pty Ltd holds tax invoices where appliEable. All invoices are dated during the period $1$ ?January $2024$ ?to $31$ ?March $2024.$

Receipts

$\backslash$table$[[$$$220,000,$Receipts from general retail sales$],[44,000,\backslash$table$[[$Receipt from rental of the residential apartment above the$],[$shop$]]],[5,100,$Interest on Bank Deposits$],[6,300,$Credit card fees for customers who used credit card$]]$

Payments

$\backslash$table$[[110,000,$Purchase general goods$],[5,500,$Maintenance cost for the residential apartment$],[65,000,$Salary paid to employees$]]$Payments

Purchase of imported goods from Thailand

REQUIRED

Discuss the GST implications of each of the above transactions. Advise Local Stores Pty Ltd of the Net GST payable$/$refundable for the March $2024$ ?Business Activity Statement. Provide justification for your calculations using legislation, case law and rulings where necessary.