Sales Tax Ruling
ST 2407W - Notice of Withdrawal
Sales tax: sound recordings: sale value
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Please note that the PDF version is the authorised version of this withdrawal notice.
FOI status:
may be releasedNotice of Withdrawal
Sales Tax Ruling ST 2407 is withdrawn with effect from today.
1. Sales Tax Ruling ST 2407 explains the general principles to be taken into account in determining whether the recording of sound on magnetic tape, disc or other similar carrying medium is manufacture for the purposes of subsection 3(1) of the Sales Tax Assessment Act (No. 1) 1930. The Ruling further explains how to determine the sale value applicable to sound recordings under section 18 of that Act.
2. The goods and services tax came into effect from 1 July 2000. Sales tax ceased to apply to transactions from that date.
3. This Ruling is no longer current and does not apply to transactions occurring on or after 1 July 2000.
Commissioner of Taxation
30 May 2007