• Issue no. 9 – Deposits

    Schedule:

    • The postscript (a) indicates the date the original issue was placed on the register
    • The postscript (u) indicates the date the original issue was updated
    • The postscript (w) indicates the date the issue was withdrawn from the register
    • Withdrawn issues have been placed in the NTLG-GST Issues Register Archive (Issue 9 archive)
    Date Question Further information

    28/02/05(w)

    9.1 Division 99 of the GST Act deals with deposits. If funds are placed with a third party stakeholder "held as security for the performance of an obligation", the amount should not be treated as consideration until the funds are applied.

    These issues have been withdrawn and placed in the archive.

      Last modified: 04 Aug 2016QC 16309