A New Tax System (Indirect Tax and Consequential Amendments) Act 1999 (176 of 1999)
Schedule 1 Indirect Tax Acts
Part 3 Amendment of the A New Tax System (Wine Equalisation Tax) Act 1999
216 Section 7-5
Repeal the section, substitute:
7-5 Exemption for dealings that are GST-free supplies or non-taxable importations
An *assessable dealing is not taxable if the dealing is:
(a) a *supply that is *GST-free (other than because of Subdivision 38-D (child care) of the *GST Act); or
(b) a *local entry relating to an *importation that is a *non-taxable importation.
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