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How Do Dealerships Work Out GST?

Yeah Nah

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Need some assistance on what items on our contract incur GST and what don't.

On my contract I have the following items below. Which of these incur GST?

Vehicle Price
Rego Fee
Compulsory Third Party
Vicroads Admin Fee (this is for Victorians)
Dealer delivery fee
Stamp Duty

I believe the base Vehicle Price & DDF should incur GST, but should the items such as rego fee, third party, and Vicroads fees?

Any accountants out there?
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Davo

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Need some assistance on what items on our contract incur GST and what don't.

On my contract I have the following items below. Which of these incur GST?

Vehicle Price
Rego Fee
Compulsory Third Party
Vicroads Admin Fee (this is for Victorians)
Dealer delivery fee
Stamp Duty

I believe the base Vehicle Price & DDF should incur GST, but should the items such as rego fee, third party, and Vicroads fees?

Any accountants out there?
Not an accountant, but looking at my previous car's invoice and the purchase order for the Mustang:
Vehicle + extras + dealer delivery fee - all have GST
Everything else doesn't
 

car

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Chris
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Mustang GT550 2018
Need some assistance on what items on our contract incur GST and what don't.

On my contract I have the following items below. Which of these incur GST?

Vehicle Price
Rego Fee
Compulsory Third Party
Vicroads Admin Fee (this is for Victorians)
Dealer delivery fee
Stamp Duty

I believe the base Vehicle Price & DDF should incur GST, but should the items such as rego fee, third party, and Vicroads fees?



Any accountants out there?
I am an accountant and everything except rego stamp duty will have GST. The contact should clearly state the GST amount. Dont forget the price is over the max anyway and the GST you can claim is based on the 57K limit. (if you are claiming it like me). If you need help PM me freebe.
 

mickeyg1981

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Magnetic GT Convertible delivered 19 July 2016
A portion of rego has GST. GST is not payable on lct. From an accountant!
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