Taxation Laws Amendment Act (No. 2) 1995 (169 of 1995)

Schedule 9   SALES TAX

Part 2   SALES TAX ASSESSMENT ACT 1992

10   Schedule 1, Table 3 (after credit ground CR2)

Insert:

"CR2A

Claimant has borne tax, even though entitled to quote exemption

declaration

Claimant has borne tax on a tax-bearing dealing for which the

claimant was entitled to quote an exemption declaration (whether

or not the claimant quoted). Claimant has not sold the goods. If

claimant has applied the goods to own use, the AOU would not have

been taxable assuming it were an assessable dealing.

the tax borne, to the extent that the claimant has not

passed it on

time of the tax-bearing dealing".