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Edited version of your written advice
Authorisation Number: 1051398552225
Date of advice: 16 July 2018
Ruling
Subject: Supply of a going concern
Question
Is the mixed supply of a lease over real property a supply of a going concern, pursuant to A New Tax System (Goods and Services Tax) Act 1999 Subdivision 38-J?
Answer
Yes, in part.
This ruling applies for the following period:
Tax Period ending 30 April 20XX
Relevant legislative provisions
A New Tax System (Goods and Services Tax) Act 1999 Subdivision 38-J
Reasons for decision
In summary, the Commissioner would accept an apportionment method which is fair and reasonable with supporting evidence and documentation. Your apportionment method of 75/145 sq. meters or 51.72% as being a GST-free supply is fair and reasonable pursuant to Subdivision 38-J of the GST Act.