A New Tax System (Goods and Services Tax) Margin Scheme Valuation Requirements Determination 2020
Mixed suppliesMixed supplies
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Mixed supplies
If you make a supply of an interest, unit or lease that has separately identifiable taxable and non-taxable (that is, GST-free or input taxed) parts, the valuation of that ‘mixed supply’ must be made as follows:
(3) a valuation of the entire interest, unit or lease in existence at the valuation date must be made; and
(4) the valuation of that interest, unit or lease must be apportioned on a fair and reasonable basis, to ascertain the part of the valuation that relates to that part of the interest, unit or lease that you supply under the margin scheme (that is, the taxable part of the supply).