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This edited version has been archived due to the length of time since original publication. It should not be regarded as indicative of the ATO's current views. The law may have changed since original publication, and views in the edited version may also be affected by subsequent precedents and new approaches to the application of the law.

You cannot rely on this record in your tax affairs. It is not binding and provides you with no protection (including from any underpaid tax, penalty or interest). In addition, this record is not an authority for the purposes of establishing a reasonably arguable position for you to apply to your own circumstances. For more information on the status of edited versions of private advice and reasons we publish them, see PS LA 2008/4.

The rulings in the register have been edited and may not contain all the factual details relevant to each decision. Do not use the register to predict ATO policy or decisions.

A New Tax System (Goods and Services Tax) Act 1999

Divisions 3 and 3A of Part IIB

Sections 105-65 to the Schedule

In general terms, section 105-55 prevents an entity from claiming GST refunds, other payments and credits more than four years after the end of the tax period to which the entitlement relates, unless within that four year period, the taxpayer has notified the Australian Taxation Office (ATO) of their entitlement to the refund. (See the fact sheet Time limits on GST refunds attached)

It is considered that you have met the requirements of a notification under section 105-55 of the TAA. As we received your notification on in June 2012, the earliest tax periods that falls into the time limit under section 105-55 of the TAA is the June 2008 BAS.

In conclusion, the Tax Office will refund you the overpaid GST amount included in your BASs as from the September 2008 BAS to June 2012 BAS.

Please note that your income for income tax purposes is net of GST. As the overpaid GST will be refunded to you, you are required to amend your relevant income tax returns (2009, 2010, 2011 and 2012) to reflect the increase in your assessable income.


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