A New Tax System (Indirect Tax and Consequential Amendments) Act (No. 2) 1999 (177 of 1999)
Schedule 8
Wool Tax (Administration) Act 1964
23 At the end of section 10
Add:
(5) Despite section 177-12 of the A New Tax System (Goods and Services Tax) Act 1999, a reference in subsection (1) to the price of the supply of wool is taken not to include the net GST that is, or would be, payable by an entity making the supply.
(6) Expressions used in subsection (5) have the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999.
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