Private ruling: GST and apportionment methodology
Date of advice: 2 February 2021
Published: March 2021

Ruling: Q2: If the answer to question one is yes, can the entity apply the proposed apportionment methodology retrospectively to claim input tax credits for the specified monthly tax periods?


Relevant legislative provisions: A New Tax System (Goods and Services Tax) Act 1999 Division 11 | A New Tax System (Goods and Services Tax) Act 1999 Section 11-15 | A New Tax System (Goods and Services Tax) Act 1999 Section 11-30


Subject: GST and apportionment methodology: The Commissioner has provided a response to the following questions: | Question 1: Is the proposed apportionment methodology to calculate the extent of creditable purpose of the entity fair and reasonable for the purposes of Division 11 of the A New Tax System (Goods and Services) Tax Act 1999 (GST Act)?