Asked by claim back Gst after sales of shop?
Hi I intend to purchase a commercial shop worth 5 million . As the seller is a company registered with Gst , I was advise to purchase using a company so that I can claim back my 7%.
My question :
1. Can I open a company , apply for gst and claim back my 7% and shut the company ? I heard many try but as its a new company without actual sales , it's rejected to even registered by Iras.
2. Should I buy over a gst registered companies so that they can claim on behalf ?
Thanks
My question :
1. Can I open a company , apply for gst and claim back my 7% and shut the company ? I heard many try but as its a new company without actual sales , it's rejected to even registered by Iras.
2. Should I buy over a gst registered companies so that they can claim on behalf ?
Thanks
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