The Trustee for the NFTA Unit Trust and Commissioner of Taxation (Taxation) [2022] AATA 4132

TAXATION – goods and services tax (GST) – input tax credits (ITCs) – eligibility to claim input tax credits – taxpayer’s burden to prove assessment excessive or otherwise incorrect – lack of substantiation – GST applied in a blanketed manner – lack of corroborating evidence to link transaction to creditable purpose – ITCs properly disallowed – recklessness shown on the evidence – taxpayer’s burden to prove the decision should not have been made or should have been made differently - decisions under review affirmed.

Full decision here