Goods and Services Tax Advice

GSTA TPP 058W

Goods and services tax: is the supply of an enterprise that includes a short term lease of the enterprise premises a GST free supply of a going concern?

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Notice of Withdrawal

Goods and Services Tax Advice GSTA TPP 058 is withdrawn with effect from today.

1. GSTA TPP 058 explains that the supply of an enterprise that includes a short term lease of the enterprise premises to a recipient may be a GST free supply of a going concern if all of the requirements in section 38-325 of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act) are met.

2. GSTA TPP 058 is withdrawn because it is a duplication of the existing ATO view.

3. The Commissioner's view regarding the supply of all of the things necessary for the continued operation of an enterprise, to make a GST free 'supply of a going concern' to a recipient under section 38-325 of the GST Act, is contained in Goods and Services Tax Ruling GSTR 2002/5 Goods and services tax: when is a 'supply of a going concern' GST free?

Commissioner of Taxation
25 June 2014

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Not previously issued as a draft

References

ATO references:
NO 1-5E5PMZQ