Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 162.90

  (1)   If a * GST instalment payer becomes an * incapacitated entity, or for any reason ceases to exist, the GST instalment payer must give the * GST return, for the * instalment tax period that ends as a result, to the Commissioner:

  (a)   on or before the 21st day of the month following the end of the instalment tax period; or

  (b)   within such further period as the Commissioner allows.

  (2)   If the * assessed net amount for the * instalment tax period is greater than zero, the * GST instalment payer must pay the assessed net amount to the Commissioner on or before the 21st day of the month following the end of the instalment tax period.

  (3)   This section has effect despite sections   162 - 60 (which is about when GST instalment payers must give GST returns) and 162 - 110 (which is about when GST instalment payers must pay assessed net amounts).