Sales Tax Bulletin - No. 39

STB 39W - Notice of Withdrawal

Reduction of sales tax rate for some goods taxed at 32%

Date of Issue: 8 July 1999

Valid from 8 July 1999

Notice of Withdrawal

Sales Tax Bulletin STB 39 is withdrawn with effect from today.

1. The tax rate applicable to certain goods under the sales tax regime was reduced from 32% to 22% from 29 July 1999. It was considered that retailers and consumers might otherwise delay purchases of goods subject to the sales tax rate of 32% until after the introduction of the Goods and Services Tax regime, when the tax rate applicable to such goods would be 10%.

2. Sales Tax Bulletin STB 39 explained which goods were affected by the reduction in rate and how retailers could claim a credit for tax-paid goods they held in stock on 29 July 1999.

3. The goods and services tax came into effect from 1 July 2000. Sales tax ceased to apply to transactions from that date.

4. This Bulletin is no longer current and does not apply to transactions occurring on or after 1 July 2000. Further, the period for claiming a credit for stock on hand at 29 July 1999 expired on 29 July 2002.

Commissioner of Taxation
4 July 2007

ATO references:
NO 2006/20258

Related Rulings/Determinations:
STB 39