Taxation Laws Amendment Act (No. 2) 1995 (169 of 1995)
Schedule 9 SALES TAX
Part 2 SALES TAX ASSESSMENT ACT 1992
11 Schedule 1, after Table 3
Insert:
"Table 3A: Transitional credit grounds
TCR1
(2) Summary of ground
Transitional credit for a transitional exempt UHF television
transmitter dealing
(3) Details of ground
Claimant has borne tax on a transitional exempt UHF
television transmitter dealing within the meaning of item 7
of Schedule 9 to the Taxation Laws Amendment Act (No. 2)
1995.
(4) Dealings to which it applies
dealings with goods on or after 1 September 1993 and
before the commence- ment of item 5 of Schedule 9 to
the Taxation Laws Amendment Act (No. 2) 1995
(5) Amount of credit
the tax borne , to the extent that the claimant
has not passed it on
(6) Time credit arises
at the commence- ment of item 5 of Schedule
9 to the Taxation Laws Amendment Act (No. 2)
1995
TCR2
(2) Summary of ground
Transitional credit for State/Territory bodies
(3) Details of ground
Claimant has borne tax on a tax bearing dealing with goods.
The claimant was not entitled to quote for the dealing, but
would have been if exemption Item 126A had been in force at
the time of the dealing. The claimant is not excluded from
this credit ground by regulations made for the purposes of
this credit ground.
(4) Dealings to which it applies
dealings with goods on or after 1 July 1994 and before
1 July 1995
(5) Amount of credit
the tax borne to the extent that the claimant
has not passed it on
(6) Time credit arises
at the commencement of regulations excluding
bodies from this credit ground
TCR3
(2) Summary of ground
Transitional credit for State/Territory bodies
(3) Details of ground
Claimant has borne tax on a tax bearing dealing with goods.
The claimant was not entitled to quote for the dealing, but
would have been if exemption Item 126A had been in force at
the time of the dealing. The claimant is not excluded from
this credit ground by regulations made for the purposes of
this credit ground.
(4) Dealings to which it applies
dealings with goods on or after 1 July 1995 and before
the commencement of item 22 of Schedule 1 of the
Taxation Laws Amendment Act (No. 2) 1995 the
(5) Amount of credit
tax borne to the extent that the claimant has
not passed it on
(6) Time credit arises
at the commencement of regulations excluding
bodies from this credit ground".