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    <title>hire purchase transaction - gst</title>
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    <description>Under a hire purchase contract the eventual transfer of title means the arrangement is treated as a supply of goods for GST; GST applies and the supply should be classified accordingly. A tax invoice must be raised showing the transaction value (the amount charged or to be charged for the goods), and the eway bill should record the machine&#039;s value as that transaction value.</description>
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      <description>Under a hire purchase contract the eventual transfer of title means the arrangement is treated as a supply of goods for GST; GST applies and the supply should be classified accordingly. A tax invoice must be raised showing the transaction value (the amount charged or to be charged for the goods), and the eway bill should record the machine&#039;s value as that transaction value.</description>
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