Ruling Compendium GSTD 2016/2EC
Status: not legally binding







This edited version of the Compendium of Comments is not intended to be relied upon. It provides no protection from primary tax, penalties, interest or sanctions for non-compliance with the law. | This is a compendium of responses to the issues raised by external parties to draft Determination GSTD 2016/D1 Goods and services tax: can Division 142 of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act) prevent refunds of increasing adjustments made under section 19-50 of the GST Act? | This compendium of comments has been edited to maintain the anonymity of entities that commented on the draft ruling. | ATO Response/Action taken | Welcome the comments included within the draft Determination and the ATO's view on the interaction of Division 142 and increasing adjustments. Consider that the general propositions contained within the draft Determination reflect the current state of the law in this area. | We do not think it is necessary to include this explanation as to the choice of product in the Determination itself. | We did not add an additional reference to GSTR 2015/1 as that Ruling is already referred to in the explanation section of the Determination.