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Leo operates a plumbing business. For the September 2021 quarter he determines he has charged $75,000 in GST on the taxable supplies he has made

 Leo operates a plumbing business. For the September 2021 quarter he determines he has charged $75,000 in GST on the taxable supplies he has made and has credits of $20,000. What is the net amount (GST) payable? [We will look at the specific rules regarding taxable supplies and input tax credits.

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