GST and representative of an incapacitated entity acting as both supplier and recipient of the representative's administration services
25 October 2012
Entity A, an administrator acting in its capacity as a representative for an incapacitated entity is entitled to input tax credits (ITCs) under section 58-10 of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act), for its payment of administration fees imposed by Entity B, the administrator in its capacity as an insolvency practitioner, even though Entity A and Entity B are the same legal person.