Personal Finance

Non Profit Org: Reduced rate GST / goods eligible for it?

  • Last Updated:
  • Mar 6th, 2018 10:04 pm
Sr. Member
Aug 21, 2014
662 posts
360 upvotes

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?
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