10.c. Non-monetary sponsorship

Non-interpretative - other references (see general principles in GSTR 2001/6External Link - Goods and services tax: non-monetary consideration).

If a sponsor provides goods and services in return for other goods and services, such as advertising or promotion, there is a supply by both parties to each other. If both parties are registered for GST, each will be liable to pay GST on the supply to each other. The GST will be 1/11th of the GST-inclusive market value of the supply made by the other party.

    Last modified: 07 Jun 2012QC 16411