GST - tripartite arrangements
The Commissioner was asked to rule on:
Whether an entity was making a creditable acquisition pursuant to section 11-5 of the
A New Tax System (Goods and Services Tax) Act 1999
(GST Act) under a tripartite arrangement.
The Commissioner ruled that:
The arrangement came under Proposition 15 in Goods and Services Tax Ruling
GSTR 2006/9 Goods and services tax: supplies
(GSTR 2006/9). There was no entitlement to input tax credits as the supply to the entity was GST-free under subsection 38-60(3) of the GST Act.