• Issue no. 4 – Transitional

    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    • The postscript (w) indicates the date the issue was withdrawn from the register
    • Withdrawn issues have been placed in the NTLG-GST Issues Register Archive (Issue 4 archive)
    Date Question Further information

    28/02/05(w)

    4.1 How widely will the refund entitlement under section 16 of the Transition Act be applied?

    These issues have been withdrawn and placed in the archive.

    28/02/05(w)

    4.2 Will stock on hand for use in what might have been 'applications to own use' because of paragraph (b) of the definition in the Sales Tax Assessment Act 1992 qualify for a refund?

    28/02/05(w)

    4.3 What is the meaning of 'review opportunity' for the purposes of section 13 of the GST Transition Act?

    28/02/05(w)

    4.4 In section 13 of the Transition Act, it specifies that a review opportunity will occur for an agreement where the supplier can 'change the consideration directly or indirectly...' What is the meaning of 'indirectly' in this context?

    28/02/05(w)

    4.5 In the context of s.13, what will constitute a ‘written agreement?’

    28/02/05(w)

    4.7 What is the current position regarding lay-by sales agreements that span 1 July 2000?

    28/02/05(w)

    4.8 There is a ruling on the operation of s.19 of the Transition Act re valuing WIP of head contractors in the construction industry. Is this a re-release of the Bulletin on the same subject released last year?

    28/02/05(w)

    4.9 There are some cases where an agreement will allow for the review of one element of the consideration. For example, a rental agreement may have a base rent component and a component based on the turnover.

    28/02/05(w)

    4.10 Lease and Sales Tax

    02/08/01(a)

    09/05/05(w)

    4.11 Trailer and ITC entitlements

    05/06/01(w)

    4.6 What are the implications for long-term supply contracts that have separately identified considerations, only some of which are reviewable?

     
      Last modified: 04 Aug 2016QC 16309