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30 Jul 09 Decision Impact Statement - VCF

On 29 July 2009, the ATO issued a  in relation to the AAT's decision in VCF and FCT [2008] AATA 731; 2008 ATC 1-004; 71 ATR 702. The statement outlines the ATO's response to the case which concerned the issue of whether the taxpayer was entitled to GST input tax credits on purchase of scrap metal from unregistered suppliers and whether the taxpayer was liable for an administrative penalty. For a copy of the Decision Impact Statement, go here

 


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