Australia’s Administrative Appeals Tribunal decided in favor of the Commissioner of Taxation, determining that the supplies in dispute were taxable, not input taxed. The case involved Banktech Group Pty Ltd and the Commissioner of Taxation, where the tribunal found that the fees paid for cash withdrawals at venues using the taxpayer’s equipment were subject to goods and services tax (GST). The taxpayer argued that the fees were consideration for input taxed financial supplies, but the tribunal ruled that the services did not fall within the ordinary meaning of an automatic teller machine (ATM) service as defined in the GST regulations. The tribunal concluded that the taxpayer’s supplies did not satisfy the requirements for input tax treatment.
Source Deloitte
