Goods and Services Tax Ruling compendium GSTR 2003/3EC







Relying on this Compendium: This Compendium of comments provides responses to comments received on draft Goods and Services Tax Ruling GSTR 2003/3DC Goods and services tax: when is a sale of real property a sale of new residential premises?. It is not a publication that has been approved to allow you to rely on it for any purpose and is not intended to provide you with advice or guidance, nor does it set out the ATO's general administrative practice. Therefore, this Compendium does not provide protection from primary tax, penalties or interest for any taxpayer that purports to rely on any views expressed in it. | Summary of issues raised and responses: All legislative references in this compendium are to the A New Tax System (Goods and Services Tax) Act 1999, unless otherwise indicated. | Tax Office Response/Action taken | This view should be included in Goods and Services Tax Ruling GSTR 2009/4 Goods and services tax: new residential premises and adjustments for changes in extent of creditable purpose. | Paragraph 133 of GSTR 2009/4 refers to the discussion of subsection 40-75(2) in paragraphs 89 to 93 of GSTR 2003/3. Further amendment to GSTR 2009/4 is, therefore, not necessary.