| Disclaimer 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. |
Edited version of private advice
Authorisation Number: 1051998188638
Date of advice: 24 June 2022
Ruling
Subject: GST and commercial fishing arrangements
A ruling issued on the GST treatment of supplies and acquisitions made in the fishing industry.
This ruling applies for the following period:
1 June 20xx to 30 June 20xx
The scheme commences on:
1 January 20xx
Relevant facts and circumstances
You are an entity incorporated and domiciled in Australia.
You are a processor and exporter of seafood.
You are registered for GST.
Relevant legislative provisions
A New Tax System (Goods and Services Tax) Act 1999
s 9-5
s 9-15
s 9-30
s 11-5
s 38-2
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
