GST issues registers

Tourism and hospitality industry partnership

Issue 7 - Forfeited deposits and cancellation fees in respect of outbound tour packages

Issue 7 has been withdrawn as it does not represent the current ATO view of the operation of the law in relation to forfeited deposits and cancellation fees.

The ATO view of the operation of the GST law in relation to security deposits is explained in GSTR 2006/2 and the decision impact statement of the High Court ruling in Commissioner of Taxation v Reliance Carpet Co Pty Ltd 2008.

The ATO has also released GSTR 2009/3 - Goods and services tax: cancellation fees that explains how GST applies to cancellation fees.

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