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CPG Group Pty Ltd Denied Input Tax Credits for Gold Purchases Due to Fraudulent Supply Chains

    The Administrative Appeals Tribunal ruled that CPG Group Pty Ltd was not entitled to input tax credits for GST on gold purchases due to evidence of fraudulent supply chains and non-compliance with tax obligations by its suppliers.

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.

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