shopping_cart

Your shopping cart is empty

The Full Federal Court (Greenwood, Collier and Middleton JJ) has dismissed the taxpayer's appeal from the decision of the AAT in Cyonara Snowfox Pty Ltd v FCT [2011] AATA 124.

In that case the AAT held that the scheme of the GST Act suggests that the time when a supplier would ordinarily “work out” the amount of GST on a taxable supply is the time of accounting to the Commissioner by lodging a Business Activity Statement identifying the net amount of GST payable for a relevant period, and that it was not possible thereafter for the taxpayer to choose to apply the margin scheme. The Full Court agreed.

Cyonara Snowfox Pty Ltd v FCT [2012] FCAFC 177 (Full Federal Court, Greenwood, Collier and Middleton JJ, 4 December 2012)

 


Media Release Search
Keywords
Eg. TD 2005/D52 ALL words EXACT phrase WITHOUT words Date range
From To