- Updated guidance and resources available for making informed GST classification decisions
- Includes guidance on GST classification for food and beverage and health products
- Provides information on emerging GST issues for these products
- Self-review guide for medium to large businesses to assess GST classification decisions
- Regular reviews of GST status of products recommended as classification can change over time
- Updated GST detailed food list ruling clarifies that breakfast cereal-related products are not GST-free if they are a ‘combination food’
- Detailed food list and food and beverage search tool are useful for determining GST classification of products
Source: ato.gov.au
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.
