Goods and Services Tax Advice

GSTA TPP 065W

Goods and services tax: Is GST payable on a dishonoured cheque fee?

  • Please note that the PDF version is the authorised version of this ruling.
    This document has changed over time. View its history.

Notice of Withdrawal

Goods and Services Tax Advice GSTA TPP 065 is withdrawn with effect from today.

1. The Advice deals with situations where a dishonoured cheque fee is on-charged by a supplier to its customer.

2. The Advice is considered to be not correct to the extent it suggests that an on-charged dishonoured cheque fee is consideration for an input taxed financial supply.

3. The Advice is replaced by Goods and Services Tax Determination GSTD 2013/1 Goods and services tax: When a payment for a supply fails, is a failed payment fee charged by the supplier consideration for a supply?

Commissioner of Taxation
27 February 2013

References

ATO references:
NO 1-4HEV3D1

ISSN: 1833-0053
GSTA TPP 065W history
  Date: Version: Change:
  14 June 2005 Original ruling  
  31 October 2012 Consolidated ruling Addendum
You are here 27 February 2013 Withdrawn