GST issues registers
Financial services - questions and answersCredit card surcharge
(a) added, (u) updated, (w) withdrawn
| Issue no | Issue | Date |
|---|---|---|
| 15.1 | Is the surcharge part of the consideration for the supply made by the merchant? | 2 April 2003(a) |
One of the Reserve Bank of Australia reforms on credit card schemes is that from 1 January 2003 a merchant is allowed to charge a credit card holder a surcharge for using a credit card to pay for a supply.
This issue is withdrawn with effect from 17 December 2014 as the views covered in this issue are contained in the Goods and Services Tax Ruling GSTR 2014/2 Goods and services tax: treatment of ATM service fees, credit card surcharges and debit card surcharges.
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