Indirect Tax Laws Amendment (Assessment) Act 2012 (39 of 2012)
Schedule 1 Assessment of amounts under indirect tax laws
Part 1 Amendments commencing on 1 July 2012
Division 3 Other amendments
Taxation Administration Act 1953
216 Subsection 250-10(2) in Schedule 1 (table items 12, 12A and 12B)
Repeal the items, substitute:
|
12A |
assessed GST on supplies made in settlement of claims under insurance policies |
78-90 |
A New Tax System (Goods and Services Tax) Act 1999 |
|
12B |
assessed GST on supplies made in satisfaction of debts |
105-20 |
A New Tax System (Goods and Services Tax) Act 1999 |