| Disclaimer This edited version has been archived due to the length of time since original publication.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. |
Edited version of your private ruling
Authorisation Number: 1012522779751
NOTICE
The private ruling on which this edited version is based has been overturned.
This notice must not be taken to imply anything about the correctness of other edited versions.
Edited versions cannot be relied upon as precedent or used for determining how the ATO will apply the law in other cases.
Ruling
Subject: GST and apportionment
The ruling concerned the fair and reasonableness of an apportionment methodology and the Commissioner has ruled in the following way:
Question 1
Does the Commissioner agree that the apportionment methodology set out in this private ruling (the methodology) is fair and reasonable for claiming input tax credits for the purposes of section 11-15 of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act)?
Answer
Yes, the Commissioner agrees that the methodology set out in this private ruling is fair and reasonable for claiming input tax credits for the purposes of section 11-15 of the GST Act.