Private ruling: Goods and services tax and an apportionment methodology
Date of advice: 3 April 2020
Published: May 2020
Date scheme commenced: The issue date of this private ruling.

Ruling: Q1: Is the proposed apportionment methodology fair and reasonable? | A1: Yes

Relevant facts and circumstances: You make mixed supplies. You proposed an apportionment methodology bases upon the respective costs of both the GST-free component and the taxable component of your supplies.

Relevant legislative provisions: A New Tax System (Goods and Services Tax) Act 1999 Section 9-75 | A New Tax System (Goods and Services Tax) Act 1999 Section 9-80

Reasons for decision: Summary: There do not appear to be any distortive factors in the proposed methodology and the Commissioner accepts that it is a fair and reasonable method.