Sales Tax Ruling
ST 2376W - Notice of Withdrawal
Sales tax: sale of tread rubber to tyre retreaders
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Please note that the PDF version is the authorised version of this withdrawal notice.
FOI status:
may be releasedNotice of Withdrawal
Sales Tax Ruling ST 2376 is withdrawn with effect from today.
1. Sales Tax Ruling ST 2376 explains that the sale of the tread rubber by the supplier to the tyre retreader is a wholesale sale because the goods are deemed by subsection 3(4) of the Sales Tax Assessment Act (No. 1) 1930 to be on-sold to the customer. As a wholesale sale, tax is payable on the price charged by the supplier for the tread compound to the tyre retreader.
2. The goods and services tax came into effect from 1 July 2000. Sales tax ceased to apply to transactions from that date.
3. This Ruling is no longer current and does not apply to transactions occurring on or after 1 July 2000.
Commissioner of Taxation
23 May 2007