Sales Tax Ruling

ST 2006W - Notice of Withdrawal

Leasing of service & construction equipment

  • Please note that the PDF version is the authorised version of this withdrawal notice.

FOI status:

may be released

Notice of Withdrawal

Sales Tax Ruling ST 2006 is withdrawn with effect from today.

1. Sales Tax Ruling ST 2006 explains that until 1 January 1983, most service and construction equipment was exempt from sales tax under repealed item 113(f) of the First Schedule to the Sales Tax (Exemptions and Classifications) Act 1935. However, from 1 January 1983, that equipment became taxable at the rate of 7.5% under new item 7(1) of the Third Schedule to that Act.

2. The goods and services tax came into effect from 1 July 2000. Sales tax ceased to apply to transactions from that date.

3. This Ruling is no longer current and does not apply to transactions occurring on or after 1 July 2000.

Commissioner of Taxation
31 January 2007

References

ATO references:
NO 2006/20258

ISSN 1039-4362

Related Rulings/Determinations:

ST 2006


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