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Edited version of your written advice
Authorisation Number: 1051223352424
Date of advice: 18 May 2017
Ruling
Subject: Fuel tax credit - apportionment methodology
This ruling concerned whether the apportionment methodology used by an entity to calculate its fuel tax credit entitlement was fair and reasonable.
The Commissioner ruled that the methodology used by the entity to calculate its fuel tax credit entitlement was fair and reasonable.
This ruling applies for the following periods:
2013 - 2014 income year
2014 - 2015 income year
2015 - 2016 income year
2016 - 2017 income year
The scheme commences on:
1 July 2013
Relevant legislative provisions
Fuel Tax Act 2006, section 41-5