Private ruling: GST and creditable purpose
Date of advice: 17 December 2015
Published: March 2016

Ruling: Q1: Is the methodology proposed by the Entity to determine its entitlement to input tax credits for acquisitions of development services, fair and reasonable? | A1: Yes.


Relevant legislative provisions: A New Tax System (Goods and Services Tax) Act 1999 Section 9-5 | A New Tax System (Goods and Services Tax) Act 1999 Section 11-5 | A New Tax System (Goods and Services Tax) Act 1999 Section 11-15 | A New Tax System (Goods and Services Tax) Act 1999 Section 11-20 | A New Tax System (Goods and Services Tax) Act 1999 Section 11-30 | A New Tax System (Goods and Services Tax) Act 1999 Section 40-35 | A New Tax System (Goods and Services Tax) Act 1999 Section 40-65 | A New Tax System (Goods and Services Tax) Act 1999 Section 40-75, and | A New Tax System (Goods and Services Tax) Act 1999 Section 195-1.