A New Tax System (Goods and Services Tax) Act 1999

S 33-1 amended by No 76 of 2023, s 3 and Sch 6 item 41, by substituting " entity liable for the GST on the supply " for " supplier " in note 4, effective 1 October 2023.

S 33-1 amended by No 23 of 2018, s 3 and Sch 5 item 5, by inserting note 4, effective 1 April 2018. No 23 of 2018, s 3 and Sch 5 Pt 3 contain the following application provisions:

Part 3 - Application of amendments

26 General rule  
The amendments made by this Schedule apply in relation to supplies for which any of the consideration (other than consideration provided as a deposit) is first provided on or after 1 July 2018, whether a contract for the supply was entered into before, on or after the commencement of this Schedule. 27 Existing contracts  
Despite item 26, if a contract for a supply was entered into before 1 July 2018, the amendments made by this Schedule do not apply in relation to the supply if consideration for the supply (other than consideration provided as a deposit) is first provided before 1 July 2020. 28 Existing property development arrangements  
If:

(a) an arrangement entered into before 1 July 2018 between:

(i) an entity (the supplier ) making a taxable supply that is, or includes, a supply to which subsection 14-250(2) in Schedule 1 to the Taxation Administration Act 1953 as amended by this Schedule applies; and

(ii) one or more entities (not including the entity to which the supply is made), at least one of whom is supplying (or is to supply) development services in relation to the real property to which the supply relates;

deals with the distribution, between the parties to the arrangement, of the consideration for the supply; and

(b) under the arrangement:

(i) an amount is to be distributed to the supplier for the payment of the supplier ' s liability to GST for the supply (less any relevant entitlements to input tax credits); or

(ii) distributions of the consideration, between the parties, are to be adjusted to take into account that liability; and

(c) were that amount to be distributed under the arrangement, or were the distributions to be so adjusted, the parties would not be in the same position as they would be if an amount were not payable, under section 14-250 in that Schedule as so amended, in relation to the supply; and

(d) a payment has been made under that section in relation to the supply;

the amount of the payment is taken, for the purposes of the arrangement, to have been received by the supplier in relation to the supply.

S 33-1 amended by No 39 of 2012, s 3 and Sch 1 items 47 and 48, by substituting " assessed net amounts " for " net amounts " and inserting Note 1A, applicable in relation to payments and refunds that relate to tax periods, and fuel tax return periods, starting on or after 1 July 2012; and also in relation to payments and refunds that: (a) do not relate to any tax periods or fuel tax return periods; and (b) relate to liabilities or entitlements that arose on or after 1 July 2012.

S 33-1 amended by No 73 of 2006 , s 3 and Sch 5 item 88, by substituting Notes 1, 2 and 3 for the notes, effective 1 July 2006. The notes formerly read:

For the penalties for failing to comply with these obligations, see the Taxation Administration Act 1953 .

For provisions about collection and recovery of GST, see Part 4-15 in Schedule 1 to the Taxation Administration Act 1953 and Division 3 of Part VI of that Act.

Note:

Payments of GST on importations of goods are dealt with separately in section 33-15.

S 33-1 amended by No 179 of 1999, s 3 and Sch 2 item 5, by inserting " For provisions about collection and recovery of GST, see Part 4-15 in Schedule 1 to the Taxation Administration Act 1953 and Division 3 of Part VI of that Act. " , effective 22 December 1999.