Indirect Tax Laws Amendment (Assessment) Act 2012 (39 of 2012)
Schedule 1 Assessment of amounts under indirect tax laws
Part 1 Amendments commencing on 1 July 2012
Division 3 Other amendments
A New Tax System (Goods and Services Tax) Act 1999
85 Subsection 105-20(1)
Repeal the subsection, substitute:
(1) If you are not *registered or *required to be registered during a particular month, you must pay to the Commissioner:
(a) amounts of *assessed GST on *taxable supplies under section 105-5 that you make during that month; and
(b) *assessed amounts of *increasing adjustments that you have that arise, during that month, in relation to supplies that are taxable supplies under section 105-5.
(1A) You must pay each amount:
(a) on or before the later of:
(i) the 21st day after the end of the month; and
(ii) the day the Commissioner gives notice of the relevant *assessment to you under section 155-10 in Schedule 1 to the Taxation Administration Act 1953; and
(b) at the place and in the manner specified by the Commissioner.