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All goods and services in Australia are subiect to a l07o Goods and Services Tax. This tax is known as GST. The Australian state and federal governments also charge excise, a form of tax, and fees.
Facts

Buying fuel is Changes in tt Australian do and fuel excit

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Example The price litre. Hotr

the price by I l.

petrolco
Solution

Before yc

Example 5 A shop's final cost price of a muffler is $ 106. a How much GST has to be added to the price? b What is the selling price of the muffler? Solution 5 a CST = l0o/o of $ IOO

Example 6 The price of a new car is $35 200. How much GST is included in the
price?

petrol in
13

Cost of 6

Solution 6

GST=35200+ll
=3200
$3200 GST is included in the price

The prict nearest I

lo xsl06 = 100
= 9t0.60

of the car. Express

Price of the muffler = $ 106 + GST = $106 + $10.60 = 9116.60

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The pri<

Worksheet 6:5
ffi
Some items are

his car.
One

How much GST is included in these prices?

:...

litr

r
.::,

a car priced at $41 800 a set of car tyres priced at$1232

a motorbike priced at $ l0 120 r:: a steering wheel priced at $99

i:r;

he

pa-vs

ffi

exemptfrom

GST.

XX Determine the final selling price of these items by adding GST.

white c per litn

per litn her car

Supermarket dockets have a star in front

of items that include GST. cST is not paid on basic food items but items such as soft drink and ice-cream include a GST component.

i:

seat covers $ I 46 sun roof $380

street directory $ l8 air conditioning $290

ffi vtinkas
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efuelt

Businesses with an ABN (Australian Business Number) can claim a refund for the GST the business pays when it purchases items for the business. Sonia has an ABN and she paid $62100 for a new delivery van. How much GST can she claim back from the government from the purchase of the van?

one th( ,. How

JI

, '
#iM

Thel
of

In Queensland

I ll

of the price of a litre of fuel is GST and

297o

is

th

government excise. How much would l32cper litre of petrol cost if GST and government excise wasn't included? Prevocational

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