Stores Pty Ltd operates a retail store and provides you with the following details to prepare their March $2024$ Business Activity Statement. Local Stores is registered for GST on a quarterly accrual basis. All amounts below are stated as GST inclusive where GST is applicable and All Goods Pty Ltd holds tax invoices where applicable. All invoices are dated during the period $1$ January $2024$ to $31$

March $2024.$

Receipts

$$220,000$

$44,000$

$5,100$

Receipts from general retail sales

Receipt from rental of the residential apartment above the shop

Interest on Bank Deposits

Credit card fees for customers who used credit card

$6,300110\mathrm{.}000$

$5\mathrm{.}500$

$65,000$

$11,000$

$3,300$

$1,400$

$22,000$

Purchase general goods

Maintenance cost for the residential apartment

Salary paid to employees

Purchase of Shelving

Rates on the shop building paid to the Council

Water expenses paid to Landlord as part of Rent

Rent paid on the shop

Purchase of imported goods from Thailand

$5,500$

REQUIRED

Discuss the GST implications of each of the above transactions. Advise Local Stores Pty Ltd of the Net GST payable$/$refundable for the March $2024$ Business Activity Statement. Provide justification for your calculations using legislation, case law and rulings where necessary.