Fuel Taxation Determination FTD 2006/3
Date of effect: 1 July 2006


Class of entities or scheme: 4. This Determination applies to the class of entities who are entitled to a fuel tax credit for taxable fuel acquired or manufactured in, or imported into, Australia, to the extent that they do so for use in carrying on their enterprise.





[ Note: This is a consolidated version of this document. Refer to the Legal Database ( https://www.ato.gov.au/law ) to check its currency and to view the details of all changes.] | Ruling: 1. The term 'enterprise' is defined in section 110-5 of the Fuel Tax Act 2006 (FT Act). That definition states, 'enterprise' has the meaning given by section 9-20 of A New Tax System (Goods and Services Tax) Act 1999 . | 2. The Commissioner's views on the meaning of 'enterprise' for the purposes of the FT Act are the same as those expressed in Goods and Services Tax Determination GSTD 2006/6. [1] | 3. GSTD 2006/6 in turn adopts, for Good and Services Tax purposes, the Commissioner's views set out in Miscellaneous Taxation Ruling MT 2006/1 The New Tax System: the meaning of entity carrying on an enterprise for the purposes of entitlement to an Australian Business Number. | Date of effect: 5. This Determination applies from 1 July 2006. [2] However, the Determination does not apply to taxpayers to the extent that it conflicts with the terms of settlement of a dispute agreed to before the date of issue of the Determination. | 6. If a taxpayer has a more favourable private ruling (which is legally binding), the taxpayer can rely on that private ruling if the income year to which it relates has ended or has commenced but not yet ended. However if the scheme covered by the private ruling has not commenced, and the period to which it relates has not yet commenced, this Determination applies to the taxpayer to the extent of the inconsistency only. | Note: the Addendum to this Determination that issued on 15 August 2007 explains our view of the law as it applied on and from 13 December 2006. | Commissioner of Taxation 9 August 2006 | Footnotes: Not previously issued as a draft


Related rulings: FTD 2006/2 GSTD 2006/6 MT 2006/1
Legislative references: TAA 1953 FT Act 2006 FT Act 2006 110-5 ANTS(GST)A 1999 9-20
Subject references: Australian Business Number carrying on an enterprise enterprise fuel tax credit