Sales Tax Ruling
ST 2063W - Notice of Withdrawal
Goods in the nature of materials, made of precious metals
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Please note that the PDF version is the authorised version of this withdrawal notice.
FOI status:
may be releasedNotice of Withdrawal
Sales Tax Ruling ST 2063 is withdrawn with effect from today.
1. Sales Tax Ruling ST 2063 explains that gold or silver plate and gold sheet in the nature of goldsmiths 'or artisans' materials may be accepted as excluded from item 2 of the Second Schedule to the Sales Tax (Exemptions and Classifications) Act 1935 as 'similar materials' and accordingly taxable at 20%.
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 This Ruling is no longer current and does not apply to transactions occurring on or after 1 July 2000.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
14 February 2007