GST & Carbon Credit
The assignment of the right to create Carbon Credits sold to Wellbeinggreen may attract GST, dependent on a few factors.
The right to create Carbon Credits resides with the owner of the property/unit at the time of installation or the party defined as the energy saver. Neither the installer nor supplier of the products has any ownership of any right of Carbon Credit. The relationship exists between Wellbeinggreen as the accredited creator of Carbon Credits and the owner/energy saver. If a point of sale discount has been given by the installer/supplier, they are acting as the facilitator only and Wellbeinggreen will reimburse the installer/supplier for the point of the sale discount given to the customer.
The table below explains how GST may be applied.
(IMPORTANT: This table should be used as a guide only and you must consult your own accountant).
| What our client says : "Thank you for honoring my order on your 70% off scheme, despite my house being in a very remote location. Most companies would not have done this and I recommend your business ethic and your customer value. I will certainly recommend your company and products to my friends and colleagues!" Mr. Darrell Obirek |
