PAR 2000/1


COMMONWEALTH OF AUSTRALIA

This legislative instrument has been repealed by PAR 2017/4 (F2017L00366)

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

Under subsection 29-25(1) of the A New Tax System (Goods and Services Tax) Act 1999 and subsection 4(1) of the Acts Interpretation Act 1901 I make the following determination:

Citation

1. This Determination is the A New Tax System (Goods and Services Tax) Act 1999 (Application of Particular Attribution Rules Determinations) Determination (No. 1) 2000.

Commencement

2. This Determination commences on the date the A New Tax System (Goods and Services Tax) Act 1999 commences.

Attribution of GST payable on a taxable supply of a kind described in more than one determination made under section 29-25

3.(1) This rule applies if:

(a)
you make a taxable supply of the kind described in more than one determination (other than this Determination) made by the Commissioner under subsection 29-25(1) of the Act; and
(b)
the GST payable on the taxable supply that is attributable to a tax period is also attributable to another tax period or periods.

   (2) The amount of that GST payable is attributable to the later, or latest of the tax periods.

Attribution of an input tax credit arising from a creditable acquisition of a kind described in more than one determination made under section 29-25

4.(1) This rule applies if:

(a)
you make a creditable acquisition of the kind described in more than one determination (other than this Determination) made by the Commissioner under subsection 29-25(1) of the Act; and
(b)
the input tax credit for the acquisition that is attributable to a tax period is also attributable to another tax period or periods.

   (2) The amount of that input tax credit is attributable to the later, or latest, of the tax periods.

Definitions

5.(1) The following expression is defined for the purposes of this Determination:


the Act means the A New Tax System (Goods and Services Tax) Act 1999.

   (2) Other expressions in this Determination have the same meaning as in the Act.



Signed this 30th day of June 2000

Marilyn Knight
Senior Tax Counsel
Goods and Services Tax Program
Delegate of the Commissioner


Registration Number: F2006B11604

Registration Date: 20 November 2006