Non Profit Org: Reduced rate GST / goods eligible for it?
Hi,
I notice some items bought by a non-profit organization are at a reduced GST rate. Why? It’s like the expense is recorded as:
DR Goods expense
DR GST
DR PST
CR Cash
CR GST Credit <—— this one
1) Does a non-profit buy at a reduced GST rate?
2) Is there a good website that shows which goods are eligible for this? Books? Office supplies? Etc?
I notice some items bought by a non-profit organization are at a reduced GST rate. Why? It’s like the expense is recorded as:
DR Goods expense
DR GST
DR PST
CR Cash
CR GST Credit <—— this one
1) Does a non-profit buy at a reduced GST rate?
2) Is there a good website that shows which goods are eligible for this? Books? Office supplies? Etc?