1) Should I pay GST on written off of credit balance of Debtor? 2) Should I pay GST on unclaimed salary written off?
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Quick Summary
This discussion clarifies the Goods and Services Tax (GST) implications for written-off credit balances. It addresses two key scenarios: GST on written-off debtor credit balances and GST on unclaimed salaries that have been written off. The consensus is that GST is not applicable in either of these situations.