- The determination addresses when products are considered food marketed as a prepared meal.
- Such food is not GST-free under the GST Act.
- Soups are excluded from this category.
- The determination is based on a Federal Court decision.
- It includes a 4-step method to assess if a product is a prepared meal.
- Examples are provided to illustrate different scenarios.
- A transitional compliance approach is outlined.
- The determination is a public ruling under the Taxation Administration Act 1953.
- Correct reliance on this determination ensures no additional tax, penalties, or interest.
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.
