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Can you please give me the definition of what .
Investment grade bullion.
Bullion that is not tradable on the international bullion market. Is that subject to 10% gst.
Scrap gold. Is that subject to 10% gst.
Also can I understand in the gstr ruling 2003/10 the commissioner states any gold bullion that’s traded only in Australia refined by small refiners and must satisfy the commissioner. To be accepted as investment form bullion and is not subject to GST.
Can you please tell me the names of the small refiners the commissioner is satisfied with in his ruling. The only name I saw was abc bullion.
I just need clarification
Talal .
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