- Outlines requirements for claiming GST input tax deduction on secondhand goods.
- Explains what qualifies as “secondhand” goods.
- Details exceptions and restrictions on deduction amounts.
- Addresses rules when supplier and recipient are associated persons.
Source: taxtechnical.ird.govt.nz
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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