Question 6

(a) Advise whether the following supplies are Taxable Supplies, GST-Free supplies, Input Taxed Supplies, or Out-ofScope supplies. Unless indicated otherwise, you may assume that the supplies are made for consideration, the supply is made in the course or furtherance of the supplier's enterprise, that the supplies are connected with the Indirect Tax Zone and that supplier is Registered for GST.

The sale of fresh fruit by a supermarket;

The lease of a new home by a property investor;

The supply of dental treatment by a registered dentist;

The sale of shares by an investor;

The sale of coffee by a café.

(b) Advise whether the following acquisitions are Creditable acquisitions or Non-creditable acquisitions. Unless indicated otherwise, you may assume that the entity making the acquisition has acquired the thing for a creditable purpose, is registered for GST and has provided consideration for the acquisition.

The purchase of fresh fruit by a supermarket;

The cost of renovating an existing house by a property investor;

The purchase of a new X-ray machine by a registered dentist;

The purchase of shares by an investor;

The purchase of coffee beans by a café.

Your answer must include references to ALL relevant provisions of A New Tax System (Goods and Services Tax Act 1999.