These include:
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financial sales
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sales (by lease or hire) of residential premises
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sales of long-term accommodation in commercial residential premises if a choice is made to treat the sale as input taxed
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sales of residential premises (that is, houses, flats and so on), except for commercial residential premises or new residential premises.
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sales of precious metals (gold, silver and platinum of specified levels of fineness sold in an investment form) except those sales which are GST-free, and
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sales of food by school tuckshops and canteens if they choose to treat the sales of food as input taxed and they sell nothing other than food.