GST Flowchart Supplies Purchased 100 include GST 10

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GST Flowchart Supplies Purchased $100 include GST 10 Sale Price $110 GST payable from Sales less GST refunds from Purchases Net GST payable to the ATO

GST Flowchart Supplies Purchased $100 include GST 10 Sale Price $110 Manufacturer's Price $200 include GST 20 Sale Price $220 Manufacturer sells to Wholesaler for $220 GST payable from Sales less GST refunds from Purchases $20 collected less $10 paid Net GST payable to the ATO $10

GST Flowchart Supplies Purchased $100 include GST 10 Sale Price $110 Manufacturer's Price $200 include GST 20 Sale Price $220 Wholsesaler's Price $400 include GST 40 Sale Price $440 Manufacturer sells to Wholesaler for $220 Wholesaler sells to Retailer for $440 GST payable from Sales less GST refunds from Purchases Net GST payable to the ATO $20 collected less $10 paid $10 $40 collected less $20 paid $20

GST Flowchart Supplies Purchased $100 include GST 10 Sale Price $110 Manufacturer's Price $200 include GST 20 Sale Price $220 Wholsesaler's Price $400 include GST 40 Sale Price $440 Retailer's Price $600 include GST 60 Sale Price $660 Final GST inclusive Price $660 Manufacturer sells to Wholesaler for $220 Wholesaler sells to Retailer for $440 Retailer sells to Customer for $660 GST payable from Sales less GST refunds from Purchases Net GST payable to the ATO $20 collected less $10 paid $10 $40 collected less $20 paid $20 $60 collected less $40 $20 Customer purchases for $660 Net Tax Effect $130 GST collected on Sales through the supply chain( $10 on original supplies +$20+$40+$60) less $70 GST Input Tax paid on Taxable Supplies $60 net to ATO