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Edited version of private advice
Authorisation Number: 1051798177519
Date of advice: 22 January 2021
Ruling
Subject: Goods and services tax and sale of farmland
Summary
You own a property on which a renowned winery has been operated. You have sold the property and have asked the Commissioner various questions concerning the effective date of cancellation of your GST registration, whether your sale of the property is a mixed supply, and whether the method you propose to adopt for apportioning the consideration for your mixed supply is fair and reasonable. The Commissioner has provided answers to your questions.