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Aquisition supplies paper


The concept of “acquisition supplies” was a deliberate inclusion in the GST Regulations, but did anyone really understand the far-reaching consequences this apparent oxymoron would have on the interpretation and administration of GST? Long the subject of questions over their very validity, have they now escaped to wreak havoc in a way never intended? This paper explores the rationale for the inclusion of the concept within the GST Regulations, the impact of recent cases on their practical consequences and possible problems for the future. This paper focuses, in particular on:

  • a world without acquisition supplies?
  • the original intent of including acquisition supplies
  • current implications – Travelex and the Commissioner’s views on acquisition supplies.

Author profiles:

Brad is an Executive Director in the Indirect Taxes & Incentives practice in Melbourne, providing advice on indirect taxes including Goods and Services Tax (GST). In terms of GST, Brad predominantly practices in the area of Financial Services and Property, providing clear and concise value propositions to clients with regard to very technical aspects of the legislation.
Current at 25 September 2007 Current at 25 September 2007 Click here to expand/collapse more articles by Brad MILLER.
Andrew is a Partner at Clayton Utz where he has been for the past 12 years. Andrew specialises in GST, providing advice across all industry sectors and levels of Government. Andrew has also advised clients in relation to various litigious tax matters, including recent proceedings before the High Court. Andrew lectures in various GST subjects for the University of New South Wales Faculty of Law and is the indirect tax editor of the Australian Journal of Banking and Finance Law and Practice
Current at 11 March 2009 Current at 06 April 2009 Click here to expand/collapse more articles by Andrew SOMMER.


This was presented at 2012 National GST Intensive .

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Joint keynote address

Author(s):  James O'HALLORAN,  Robert OLDING

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GST issues and wealth management

Author(s):  Bill PACKWOOD,  Amelia O'Rourke

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GST ruling system in practice

Author(s):  Mark L ROBERTSON

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