On 30 July 2014, the ATO released for public consultation by 12 September 2014 draft GST Ruling GSTR 2014/D2 entitled "Goods and services tax: treatment of ATM service fees, credit card surcharges, and debit card surcharges".
This Draft Ruling explains the GST treatment of:
- a fee payable for ATM services listed in subregulation 40-5.09(4A) of the A New Tax System (Goods and Services Tax) Regulations 1999 (GST Regulations)
- a surcharge imposed by a merchant on a customer in respect of a credit card transaction concerning supplies of goods or services by the merchant to the customer
- a surcharge imposed on a customer in respect of a credit card transaction used for payment of an Australian tax or an Australian fee or charge subject to Division 81 of the GST Act, and
- a surcharge imposed by a merchant in respect of a debit card transaction concerning a supply of goods or services, cash withdrawal and a transaction involving both a supply of goods or services and a cash withdrawal.