Is gst refund taxable under PGBP?

This discussion explores whether a GST refund is taxable under the Profit and Gains from Business or Profession (PGBP) head. The consensus is that if GST paid is treated as a balance sheet item (Duties and Taxes) rather than an expensed item, then any subsequent refund received would be adjusted against that balance sheet account. Therefore, the GST refund would not be considered business income and is not taxable under PGBP.