I have added a new article to the site entitled — GST and compulsory acquisitions – can you have an “involuntary supply”?
The article looks at whether there is such a thing as an “involuntary supply”, considered in the context of compulsory acquisitions of land by governments and government authorities.
Consistent with the problematic relationship between GST and real property transactions, the GST implications of compulsory acquisitions remain uncertain. Further, the guidance from the Commissioner on the matter in GSTR 2006/9 (at paragraphs 81-90) leaves a number of matters unresolved.
The article can be accessed here and under the menu item “My Articles”.