Re: GST on city rail train Tickets

["Chris Downs" <cvdowns@ozemail.com.au>]

There are two acts that deal with this, the main GST Act and another act for
transitional issues such as tickets (like a contract) covering pre 1/7/00
and post 30/6/00.

GST will be payable by CityRail on the post 30/6/00 pricecomponent of the
ticket.  So if you buy a Monday (26/6/00) to Sunday (2/7/00) weekly ticket,
GST will be payable on thecomponent of the price CityRail charges for the
last two days.  The GST is 1/11th of the price charged for those two days.

The GST is payable by CityRail (at 1/11th of the price) regardless of
whether or not CityRail adjusts the ticket price, because the "price" is
always GST inclusive where GST is applied.

Chris


David Bennetts <davibenn@pcug.org.au> wrote in message
38920732@newshost.pcug.org.au">news:38920732@newshost.pcug.org.au...
>
> <chris@enet21.com.au> wrote in message
> 3891810D.44DA1D1B@enet21.com.au">news:3891810D.44DA1D1B@enet21.com.au...
> > Hi
> >
> > I believe the GST will apply on train tickets, Does anybody know how
> > they are proposing to bring it in? A example of this would be a weekly
> > ticket purchased just before the GST start date. Does city rail only
> > charge GST of the days which GST applies?
> >
> > Regards
> >
> > Chris
> >
> > (It has been reported in the media  "TAI BO" fighting/training/fittiness
> > videos and face glitter for children is GST exempt as these are classed
> > as a necessity by the government)
>
> GST should only apply to the component of the ticket which is post 30
June,
> which I note is on a Friday this year.
>
> Regards
>
> David Bennetts
> Canberra
>
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