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Account GST on cash basis

Discussion in 'Accounting, Tax & Legal' started by hahahaa, 24th Jun, 2009.

  1. hahahaa

    hahahaa Member

    Joined:
    9th Sep, 2008
    Posts:
    7
    Location:
    Sydney
    Hi,

    I have two questions relating to accounting method in BAS return and income tax return:
    1. I account GST in cash basis, can I claim the GST back on imported goods that I already paid GST to custom but haven't pay the oversea supplier?
    2. If I use cash basis for GST return, can I use accrual basis for income tax return?
    Thanks.