Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 86.25

The amount of GST on "reverse charged" supplies of goods consisting of valuable metal

  (1)   The amount of GST on a supply to which section   86 - 5, 86 - 15 or 86 - 20 applies is 10% of the * price of the supply.

  (2)   This section has effect despite section   9 - 70 (which is about the amount of GST on taxable supplies).


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