A New Tax System (Goods and Services Tax) Act 1999
Chapter 4
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The special rules
Part 4-2
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Special rules mainly about supplies and acquisitions
Note:
The special rules in this Part mainly modify the operation of Part 2-2 , but they may affect other Parts of Chapter 2 in minor ways.
Division 78 - Insurance 78-1 What this Division is aboutStamp duty is not included in working out the GST on insurance premiums. Insurers have decreasing adjustments which enable the net GST on insurance to reflect correctly their margins after settlements of claims are taken into account.
Note:
Payments and supplies under compulsory third party schemes are dealt with in some cases under this Division and in others under Division 79 or 80.
View history note
Hide history noteTable of Subdivisions
| 78-A | Insurers |
| 78-B | Insured entities etc. |
| 78-C | Third parties |
| 78-D | Insured entities that are not registered etc. |
| 78-E | Statutory compensation schemes |
| 78-F | Miscellaneous |
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