Further period to make an approved valuation for the purposes of working out the margin for the supply under Division 75 of the A New Tax System (Goods and Services Tax) Act 1999

What this Practice Statement is about

Circumstances where a further period to obtain an approved valuation should be allowed

Who can approve the exercise of the discretion

How the supplier should request the ATO exercise the discretion

Notifying your decision

Review rights for the supplier

More information