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Advise bunny of its gst consequences arising

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Reference no: EM13497519

Bunny Pty Ltd is a small company incorporated n Victoria, Australia. The company was incorporated in 2001 to manufacture candles. Its sales revenue regularly exceeds $100,000 each year. The company sells its candles to a local retailer for $3.30 per dozen. It also sells its candles to a retailers in Fiji as the candles have been very popular there for $4.40 per dozen. On 1 January 2011, Bunny purchased a car for $33,000, which it provided to its managing director as he has to do a lot of travelling for work. The car was purchased from Car Retailer Pty Ltd, a large national car retailer with sales revenue in excess of a million dollars per year.

Advise Bunny of its GST consequences arising from the above information.

Reference no: EM13497519

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