Indirect Tax Legislation Amendment Act 2000 (92 of 2000)
Schedule 3 Supplies involving non-residents
A New Tax System (Goods and Services Tax) Act 1999
13 After section 188-22
Insert:
188-23 Supplies "reverse charged" under Division 83 not to be included in a recipient's turnover
To avoid doubt, if the GST on a *taxable supply is, under Division 83, payable by the *recipient of the supply, that supply is disregarded in working out the *current annual turnover or the *projected annual turnover of the recipient.
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