A New Tax System (Goods and Services Tax) Act 1999
Chapter 2
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The basic rules
Part 2-3
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Importations
Division 13
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Taxable importations
13-5
What are taxable importations?
(1)
You make a taxable importation if:
(a) goods are imported; and
(b) you enter the goods for home consumption (within the meaning of the Customs Act 1901 ).
(2)
(Repealed by No 176 of 1999)
(3)
However, an importation of * money is not an importation of goods into the indirect tax zone.
You make a taxable importation if:
(a) goods are imported; and
(b) you enter the goods for home consumption (within the meaning of the Customs Act 1901 ).
However, the importation is not a taxable importation to the extent that it is a * non-taxable importation .
Note:
There is no registration requirement for taxable importations, and the importer need not be carrying on an enterprise.
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Hide history note(2)
(Repealed by No 176 of 1999)
(3)
However, an importation of * money is not an importation of goods into the indirect tax zone.
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