GST return for goods sold in satisfaction of debt

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GST return for goods sold in satisfaction of debt

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GST return for goods sold in satisfaction of debt

Form Number: IR373 / Form Code: IR373

About this resource

This return records the seller, debtor, sale date, proceeds and GST calculation for goods sold to satisfy a debt.

How to use it

Complete the return and payment slip from the sale records, calculate the GST amount, include applicable penalties or interest, and ensure Inland Revenue receives the return and payment by the due date.

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