Goods and Services Tax Ruling

GSTR 2008/1A1 - Addendum

Goods and services tax: when do you acquire anything or import goods solely or partly for a creditable purpose?

Addendum

This Addendum is a public ruling for the purposes of the Taxation Administration Act 1953. It amends Goods and Services Tax Ruling GSTR 2008/1 following the publication of Goods and Services Tax Determinations GSTD 2012/1 and corrects some references.

GSTR 2008/1 is amended as follows:

1. Paragraph 102

Omit 'If'; substitute 'Subject to paragraph 103 of this Ruling, if'.

2. Paragraph 103

(a)
Omit 'However, if'; substitute 'If'.
(b)
After the first sentence, insert:

Consideration of paragraph 11-15(2)(a) is also required if an entity acquires residential premises as defined in section 195-1 subject to an existing lease.[44A]

3. Related Rulings/Determinations

Insert:

GSTD 2012/1

4. Legislative references

Omit:

-
United Kingdom Value Added Tax Act 1983 14(3)

Insert:

-
Value Added Tax Act 1983 (UK) 14(3)

5. Related Rulings/Determinations

Omit:

-
HP Mercantile Pty Limited v. Commissioner of Taxation [2005] FCAFC 126; 143 FCR 553; (2005) 219 ALR 591; 2005 ATC 4571; (2005) 60 ATR 106

Insert:

-
HP Mercantile Pty Limited v. Commissioner of Taxation [2005] FCAFC 126; (2005) 143 FCR 553; (2005) 219 ALR 591; 2005 ATC 4571; (2005) 60 ATR 106

This Addendum applies both before and after its date of issue

Commissioner of Taxation
22 February 2012

Footnotes


For the Commissioner's view on the application of paragraph 11-15(2)(a) in these circumstances, see paragraphs 26 to 32 of Goods and Services Tax Determination GSTD 2012/1 Goods and Service tax: what are the GST consequences following the sale of residential premises that are subject to a lease?

References

ATO references:
NO 1-3NQQCC0

ISSN: 1443-5160