A New Tax System (Goods and Services Tax) Act 1999

Chapter 2 - The basic rules  

Part 2-3 - Importations  

Division 13 - Taxable importations  

13-5   What are taxable importations?  

(1)    

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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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History

S 13-5(1) substituted by No 176 of 1999, s 3 and Sch 1 item 17, effective 1 July 2000. S 13-5(1) formerly read:

(1)
A taxable importation is an *importation of goods into Australia, but only to the extent that it is not a *non-taxable importation.

Note:

There is no registration requirement for taxable importations, and the importer need not be carrying on an enterprise.

(2)    
(Repealed by No 176 of 1999)

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History

S 13-5(2) repealed by No 176 of 1999, s 3 and Sch 1 item 17, effective 1 July 2000. S 13-5(2) formerly read:

(2)
You make an importation of goods into Australia if:

(a) you enter the goods for home consumption (within the meaning of the Customs Act 1901 ); and

(b) at the time they are so entered for home consumption, you are the owner (within the meaning of that Act) of the goods.

(3)    

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However, an importation of * money is not an importation of goods into the indirect tax zone.

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History

S 13-5(3) amended by No 2 of 2015, s 3 and Sch 4 item 31, by substituting " the indirect tax zone " for " Australia " , applicable to a tax period that commences on or after 1 July 2015.

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