Sales Tax Ruling

ST 2418W - Notice of Withdrawal

Sales tax: retention of title clauses in sale of goods contracts

  • Please note that the PDF version is the authorised version of this withdrawal notice.

FOI status:

may be released

Notice of Withdrawal

Sales Tax Ruling ST 2418 is withdrawn with effect from today.

1. Sales Tax Ruling ST 2418 explains when liability to sales tax arises under retention of title clauses (also called reservation of title clauses and Romalpa clauses) in sale of goods contracts and other similar 'sale' arrangements.

2. The goods and services tax came into effect from 1 July 2000. Sales tax ceased to apply to transactions from that date.

3. This Ruling is no longer current and does not apply to transactions occurring on or after 1 July 2000.

Commissioner of Taxation
6 June 2007

References

ATO references:
NO 2006/20258

ISSN 1039-4362

Related Rulings/Determinations:

ST 2418

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).