PET - Plain English Taxonomy

Attribute: BSAO19046
Concept:
Label: GST Receivable
Concept Guidance:
Report the value, as at the reporting date, of Goods and Services Tax (GST) that is receivable on purchases, as determined in accordance with the Goods and Services Tax Act 1999.GST is a tax on the supply of most goods and services and other taxable supplies (for example, real property and rights) in Australia, including things that are imported. In most cases it does not apply to exports of goods or services, and other things consumed outside Australia. It is similar to 'value-added taxes' applying in other countries. The GST is a multi-stage tax, that is, GST is paid at each stage of the supply chain. Liability for this tax rests on the supplier. 
Dimensions
Dimension Member Description
(ABIL)
This dimension classifies assets according to whether or not they have been classified as backing insurance liabilities or not.
The reported information relates to assets that have been classified by the reporting entity as backing or available to meet the insurance liabilities of the reporting entity.
(InsideAustralia)
This dimension categorises the reported data according to where it is deemed to be in accordance with the requirements of the relevant standards.
The information reported is in relation to assets and liabilities defined under the Act as being in Australia.
(Operational)
The intent of the transaction being entered into by the reporting entity.
Information in relation to assets or liabilities acquired or incurred principally for use within the operations of the business and with no profit-taking motive.