Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. act 5.1what is the basic, underlying principle of

Act 5.1What is the basic, underlying principle of GST as it relates tosupply? Conduct...Act...

90.2K

Verified Solution

Question

Accounting

Act 5.1

What is the basic, underlying principle of GST as it relates tosupply? Conduct your own research. (100–120 words)

Answer & Explanation Solved by verified expert
3.9 Ratings (710 Votes)
1 A supply is any form of supply whatsoever 2 Without limiting subsection 1 supply includes any of these a supply of goods a supply of services a provision of advice or information a grant assignment or surrender of real property a creation grant transfer assignment or surrender of any right a financial supply an entry into or release from an obligation to do anything to refrain from an act to tolerate an act or situation any combination of any 2 or more of the matters referred to in paragraphs a to g However a supply does not include a supply of money    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

In: AccountingAct 5.1What is the basic, underlying principle of GST as it relates tosupply? Conduct...Act 5.1What is the basic, underlying principle of GST as it relates tosupply? Conduct your own research. (100–120 words)

Other questions asked by students

Q

The birth weight of babies is approximately LOGNORMALLY distributed, with a mean of 3732 grams and...

Statistics
Q

Short pulses of microwave radiation are emitted from the Crab nebula at a distance L from the...

Physics
Q

A person s ability to pay off debts based on the money that person has...

Geometry
Q

3 POINTS 39 FIND THE SHADED VOLUME OF THE FOLLOWING my 3 m 5 m

Basic Math
Q

Which of the following terms is associated with an entity whose classification for legal...

Accounting
Q

Choose the item below that would not...

Accounting
Q

Hickory Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z....

Accounting
Q

A special journal is an all-purpose journal where we can record any other transactions not...

Accounting
Q

Which of the following is a taxable gift? An individual gifted a future interest...

Accounting
Q

Marks business is worth $600,000 and has a basis of $400,000 and Dave has cash...

Accounting
Q

Problem 22-2A Manufacturing: Cash budget LO P2 [The following information applies to the questions displayed...

Accounting
Q

La empresa A est involucrada en un juicio. No es necesario presentar una nota al...

Accounting