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This edited version has been archived due to the length of time since original publication.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 private advice

Authorisation Number: 1051320163254

Date of advice: 13 September 2019

Ruling

Subject: GST and going concern

Question

Is the supply a supply of a going concern?

Answer

Yes

This ruling applies from:

13 September 2019

Reasons for decision

The Commissioner considered the application of the facts of the case regarding a supply of a going concern and section 38-325 of the GST Act and ruled accordingly.