Goods and Services Tax Advice
GSTA TPP 001W
Goods and services tax: Are investors (participants) in an agricultural managed investment scheme required to register for GST?
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Notice of Withdrawal
2. GSTA TPP 001 is withdrawn because the Commissioner's views regarding the concept of carrying on an enterprise are contained in paragraphs 120 to 148 of Miscellaneous Taxation Ruling MT 2006/1 The New Tax System: the meaning of entity carrying on an enterprise for the purposes of entitlement to an Australian Business Number and paragraphs 6 to 18 of Goods and Services Tax Determination GSTD 2006/6 Goods and services tax: does MT 2006/1 have equal application to the meaning of 'entity' and 'enterprise' for the purposes of the A New Tax System (Goods and Services Tax) Act 1999?
3. The Commissioner's views regarding working out an entity's GST turnover is contained in Goods and Services Tax Ruling GSTR 2001/7 Goods and services tax: meaning of GST turnover, including the effect of section 188 25 on projected GST turnover.
Commissioner of Taxation
18 June 2014
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Not previously issued as a draft
carrying on an enterprise
GST turnover threshold
required to be registered