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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 48.51

Consequences of being a member of a GST group for part of a tax period

             (1)  If you are a * member of a * GST group only for one or more parts of a tax period:

                     (a)  section 48-40 does not apply to the GST payable on a * taxable supply that you make, to the extent that the GST would be attributable to a period to which subsection (2) applies if it were a tax period applying to you; and

                     (b)  section 48-40 does not apply to the GST payable on a * taxable importation that you make during a period to which subsection (2) applies; and

                     (c)  section 48-45 does not apply to the input tax credit for a * creditable acquisition or * creditable importation that you make, to the extent that the input tax credit would be attributable to a period to which subsection (2) applies if it were a tax period applying to you; and

                     (d)  section 48-50 does not apply to an * adjustment that you have that would be attributable to a period to which subsection (2) applies if it were a tax period applying to you.

             (2)  This section applies to any period, during the tax period, during which you were not a * member of that * GST group or any other GST group.



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