Indirect Tax Laws Amendment (Assessment) Act 2012 (39 of 2012)
Schedule 4 Minor amendments
Taxation Administration Act 1953
19 Subsection 250-10(2) in Schedule 1 (after table item 12)
Insert:
|
12A |
GST on supplies made in settlement of claims under insurance policies |
78-90 |
A New Tax System (Goods and Services Tax) Act 1999 |
|
12B |
GST on supplies made in satisfaction of debts |
105-20 |
A New Tax System (Goods and Services Tax) Act 1999 |