- Draft Goods and Services Tax Determination GSTD 2024/D3
- Explains circumstances in which products are considered food of a kind ‘marketed as a prepared meal, but not including soup’
- Supply of this kind of food is not GST-free under the GST Act
- Considers products marketed as prepared meals based on the decision in Simplot
- Should be read in conjunction with GST Industry Issue GSTII FL1 Detailed Food List
- Draft for public comment, Commissioner’s preliminary view on how a relevant provision could apply
- If relied upon reasonably and in good faith, no interest or penalties will be charged if the determination is incorrect and tax is underpaid.
Source: ato.gov.au
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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