1. Black Ltd is registered for GST purposes. If Black Ltd purchased materials worth $10 560 of which the owner used 75% of the materials for business purposes, and the remaining 25% for private purposes. What, if any, input tax credit would Black Ltd be allowed

calculatee gst

	Calculate the GST paid to the Tax Office.
	Manufacturer		Wholesaler		Retailer		End Consumer
	Price $220		Price $1 760		Price $2 200
	GST Paid $		GST Paid $		GST Paid $
	GST to ATO		GST to ATO		GST to ATO		Total GST Paid
	= $		= $		= $		= $