Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 25.15

Effect of backdating your registration

                   If the Commissioner decides under section 25-10, as the date of effect of your * registration ( your registration day ), a day before the day of the decision, then you are taken:

                     (a)  for the purpose of determining whether a supply you made on or after your registration day was a * taxable supply; and

                     (b)  for the purpose of determining whether an acquisition you made on or after that day was a * creditable acquisition; and

                     (c)  for the purpose of determining whether an importation you made on or after that day was a * creditable importation;

to have been registered from and including your registration day.

Note:          This section ensures that backdating your registration enables your supplies and acquisitions made on or after the date of effect to be picked up by the GST system. Section 25-10 limits the extent to which your registration can be backdated.



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