A New Tax System (Indirect Tax and Consequential Amendments) Act 1999 (176 of 1999)

Schedule 2   Customs Act 1901

Part 2   Amendments commencing immediately after the GST Act commences

27   Subsection 162(1)

Omit all the words after "payment", substitute:

of:

(a) the duty, if any, on those goods; and

(b) the GST payable on the taxable importation (as defined in the GST Act), if any, that is associated with the import of those goods; and

(c) if a taxable importation of a luxury car (as defined in the Luxury Car Tax Act) is associated with the import of those goods - the luxury car tax payable on that taxable importation.

Note: The heading to section 162 is altered by adding at the end " , GST and luxury car tax ".