- The fact sheet explains the meaning of “secondhand” for GST purposes.
- It supports IS 25/22, which covers input tax deductions on secondhand goods.
- To claim the deduction, the goods supplied must qualify as secondhand.
- The fact sheet outlines the requirements for goods to be considered secondhand.
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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