Goods and Services Tax Industry Issues
Financial Services Questions and Answers

WITHDRAWN - Credit card surcharge - part of consideration for supply

• Please note that the PDF version is the authorised version of this withdrawal notice.
  This document incorporates revisions made since original publication. View its history and amending notices, if applicable.

The Goods and Services Tax Industry Issue titled Credit card surcharge - part of consideration for supply is withdrawn with effect from today

The Issue explains that a credit card surcharge forms part of the price for the supply of goods or services by the merchant to the cardholder. It also provides examples that illustrate that view.

The Issue is being withdrawn as the view contained in the Issue has been incorporated in Goods and services Tax Ruling GSTR 2014/2 Goods and services tax: treatment of ATM service fees, credit card surcharges and debit card surcharges.

The view expressed in the Issue continues to apply to arrangements begun to be carried out before the withdrawal but does not apply to arrangements begun to be carried out after the withdrawal.

The issue is replaced by GSTR 2014/2 that issued on 17 December 2014.

Commissioner of Taxation
17 December 2014

© AUSTRALIAN TAXATION OFFICE FOR THE COMMONWEALTH OF AUSTRALIA

You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).

References