ABN/GST Registration
Lyno’s holds the following registered Australian Business Number: ABN 40 003 789 562
GST EFFECT ON OUR BUSINESS
As a consequence of the introduction of the GST from 1 July 2000, the impact of GST on our trading arrangements is as follows:
PRICING We have had confirmation from most of our suppliers that the GST will not affect the current costs of goods, as Wholesales Tax is not implemented into these costs. However, if the GST does show any
savings please be assured that it is our intention to pass these on to our customers. All prices quoted on site include 10% GST. All invoices will state the GST component which can be claimed back in full by
all businesses registered for GST and having an Australian Business Number (ABN).
10% GST All our prepress service which is Sales Tax Exempt, from 1 July 2000 will be subject to 10% GST. However our printing section e.g. Posters including laminating and mounting and also our E-Print
which is subject to 22% Sales Tax will be replaced by 10% GST. As you will be aware, you should be entitled to recover this GST provided that you are registered for GST purposes.
TAX INVOICE Lyno’s Prepress invoices will comply with ATO guidelines with regards to Tax Invoices. Each line item will be shown at cost, ex GST, and the 10% GST will be shown at the bottom of each invoice.
TRADING TERMS Lyno’s Prepress will be required to submit monthly GST returns and it is imperative that customers adhere to our 30 day trading terms.
CONTACT For further information please contact our Office Manager Shahla Mahmoudi on (02) 9438-1000.
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