Very Important Business Pty Ltd and Commissioner of Taxation (Taxation) [2020] AATA 4698

TAXATION – GOODS AND SERVICES TAX (GST) – gold industry – creditable acquisitions - whether purported acquisitions of scrap gold included input taxed supplies of precious metal – whether applicant’s supplies included input taxed supplies – meaning of “regularly converts or refines” precious metal – burden of proving what assessments should have been not discharged – decision affirmed

Full decision here