Guild welcomes partial GST abolition: ATO announcement on weight loss products welcomed, but clarity needed for future.

Pharmacy News,  March, 2008  

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Tegan Fleming

Pharmacy has welcomed a decision to drop GST charges on selected weight loss products sold before 1 July 2007.

LAST week the Australian Taxation Office (ATO) announced that retail pharmacies would not be required to pay GST on sales of Kicstart, Optifast, Optislim, Tony Ferguson and Success Foods weight loss shakes prior to the start of the current financial year.

The ATO said the decision was made following discussion with the Pharmacy Guild of Australia and manufacturers, in response to the fact that 'some sections of the weight loss industry previously ...

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