A New Tax System (Goods and Services Tax) Act 1999
Chapter 6
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Interpreting this Act
Part 6-2
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Meaning of some important concepts
Division 188
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Meaning of GST turnover
188-15
Current GST turnover
General
(1)
Your current GST turnover at a time during a particular month is the sum of the * values of all the supplies that you have made, or are likely to make, during the 12 months ending at the end of that month, other than:
(a) supplies that are * input taxed ; or
(b) supplies that are not for * consideration (and are not * taxable supplies under section 72-5 ); or
(c) supplies that are not made in connection with an * enterprise that you * carry on .
Members of GST groups
(2)
If you are a * member of a * GST group , your current GST turnover at a time during a particular month is the sum of the * values of all the supplies that you or any other member of the group have made, or are likely to make, during the 12 months, other than:
(a) supplies made from one member of the group to another member of the group; or
(b) supplies that are * input taxed ; or
(c) supplies that are not for * consideration (and are not * taxable supplies under section 72-5 ); or
(d) supplies that are not made in connection with an * enterprise that you * carry on .
Supplies that are disregarded
(3)
In working out your current GST turnover , disregard:
(a) any supply that is not * connected with the indirect tax zone ; and
(b) any supply that is connected with the indirect tax zone because of paragraph 9-25(5)(c) , unless:
(c) (Repealed by No 65 of 2019)
(d) any *GST-free supply made by a *non-resident that does not make the supply through an *enterprise that the non-resident *carries on in the indirect tax zone.
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Hide history noteGeneral
(1)
Your current GST turnover at a time during a particular month is the sum of the * values of all the supplies that you have made, or are likely to make, during the 12 months ending at the end of that month, other than:
(a) supplies that are * input taxed ; or
(b) supplies that are not for * consideration (and are not * taxable supplies under section 72-5 ); or
(c) supplies that are not made in connection with an * enterprise that you * carry on .
Members of GST groups
(2)
If you are a * member of a * GST group , your current GST turnover at a time during a particular month is the sum of the * values of all the supplies that you or any other member of the group have made, or are likely to make, during the 12 months, other than:
(a) supplies made from one member of the group to another member of the group; or
(b) supplies that are * input taxed ; or
(c) supplies that are not for * consideration (and are not * taxable supplies under section 72-5 ); or
(d) supplies that are not made in connection with an * enterprise that you * carry on .
Supplies that are disregarded
(3)
In working out your current GST turnover , disregard:
(a) any supply that is not * connected with the indirect tax zone ; and
(b) any supply that is connected with the indirect tax zone because of paragraph 9-25(5)(c) , unless:
(i) the supply is made to an *Australian consumer; and
(ii) the supply is not *GST-free; and
(iii) the thing to be acquired under the right or option referred to in that paragraph is not goods or *real property; and
(c) (Repealed by No 65 of 2019)
(d) any *GST-free supply made by a *non-resident that does not make the supply through an *enterprise that the non-resident *carries on in the indirect tax zone.
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