Can anyone answer the following questions for me please.
1-If GST wasn't claimed from IRD when an orchard was purchased for business.Does that mean GST is not payable to IRD when the orchard is sold.
2-Is it correct that if the orchard was deemed to be a hobby,then they can't register for GST & shouldn't charge GST on that income.
Thanks
1-If GST wasn't claimed from IRD when an orchard was purchased for business.Does that mean GST is not payable to IRD when the orchard is sold.
2-Is it correct that if the orchard was deemed to be a hobby,then they can't register for GST & shouldn't charge GST on that income.
Thanks
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