Goods and Services Tax Ruling
GSTR 2002/5A2 - Addendum
Goods and services tax: when is a 'supply of a going concern' GST-free?
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This Addendum is a public ruling for the purposes of the Taxation Administration Act 1953. It amends Goods and Services Tax Ruling GSTR 2002/5 to update the Date of Effect section to reflect the amendments within the Tax Laws Amendment (2010 GST Administration Measures No. 2) Act 2010 which came into effect on 1 July 2010.
GSTR 2002/5 is amended as follows:
Omit the paragraph; substitute:
7. This Ruling applies [to tax periods commencing] both before and after its date of issue. However, this Ruling will not apply to taxpayers to the extent that it conflicts with the terms of a settlement of a dispute agreed to before the date of issue of this Ruling (see paragraphs 75 and 76 of Taxation Ruling TR 2006/10).
2. Related Rulings/Determinations
Omit 'GSTR 1999/1; GSTR 2001/15'; substitute 'TR 2006/10; GSTR 2002/5'.
- - TAA 1953 37
- - TAA 1953 Sch 1 Div 358
This Addendum applies on and from 1 July 2010.
Commissioner of Taxation
31 October 2012