Comparison table – A New Tax System (Goods and Services Tax) Regulations 1999 to A New Tax System (Goods and Services Tax) Regulations 2019
| A New Tax System (Goods and Services Tax) Regulations 1999 | A New Tax System (Goods and Services Tax) Regulations 2019 | Comment | ||
|---|---|---|---|---|
| Regulation | Section | |||
| Chapter 2 The basic rules | ||||
|
Part 2-5 – Registration
Division 23 – Who is required to be registered and who may be registered |
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| 23-15.01 | Registration turnover threshold (other than for non-profit bodies) | 23-15.01 | Registration turnover threshold (other than for non-profit bodies) | |
| 23-15.02 | Registration turnover threshold for non-profit bodies | 23-15.02 | Registration turnover threshold for non-profit bodies | |
|
Part 2-6 – Tax periods
Division 29 – What is attributable to tax periods Subdivision 29-C – Tax invoices and adjustment notes |
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| 29-80.01 | Value of taxable supply | 29-80.01 | Value of taxable supply for which tax invoice not required | |
| 29-80.02 | Adjustment note threshold | 29-80.02 | Amount for which adjustment note not required | |
|
Part 2-7 – Returns, payments and refunds
Division 33 – Payments of GST |
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| 33-15.01 | Purpose of Division | 33-15.01 | Object of this Division | |
| 33-15.02 | Application for approval | 33-15.02 | Application for approval | Former subregulation 33-15.02(2) removed – now covered by section 388-50 of Schedule 1 to the Taxation Administration Act 1953 |
| 33-15.03(1)-(4) | Requirements for approval | 33-15.03(1)-(4) | Requirements for approval | |
| 33-15.03(5) | Requirements for approval | 196-1.01 | Definitions | Definition of 'related entity' now located in the dictionary. |
| 33-15.04 | Bank guarantee requirement | 33-15.04 | Bank guarantee requirement | |
| 33-15.05 | Decision on application – notice and date of effect | 33-15.05 | Decision on application-notice and date of effect | |
| 33-15.06(1)(a) | Electronic dealings by approved entities | 33-15.01A(b) | Circumstances in which payments of assessed GST on taxable importations are deferred | |
| 33-15.06(1)(b) | Electronic dealings by approved entities | 33-15.01A(a) | Circumstances in which payments of assessed GST on taxable importations are deferred | Electronic lodgment requirements now specified in the relevant approved form issued by the Commissioner under section 388-50 of Schedule 1 to the Taxation Administration Act 1953. |
| 33-15.06(1)(c) | Electronic dealings by approved entities | 33-15.01B(2) | Payment | |
| 33-15.06(2) | Electronic dealings by approved entities | Removed | Former subregulation 33-15.06(2) has been removed as it is not necessary. | |
| 33-15.07 | Due date for deferred payments | 33-15.01B(1) | Payment | |
| 33-15.08 | Revocation of approval | 33-15.08 | Revocation of approval | |
| 33-15.09 | Review of decisions | 33-15.09 | Review of decisions | |
| Chapter 3 The exemptions | ||||
|
Part 3-1 – Supplies that are not taxable supplies
Division 38 – GST-free supplies Subdivision 38-A – Food |
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| 38-3.01 | GST-free beverages supplied from vending machines | 38-3.02 | GST-free beverages supplied from vending machines | |
| 38-3.02 | Food additives | 38-3.01 | Food additives | |
| Subdivision 38-B – Health | ||||
| 38-45.01 | Medical aids and appliances | 38-45.01 | Medical aids and appliances | |
| Subdivision 38-E – Exports and other supplies for consumption outside the indirect tax zone | Subdivision 38-E-Exports and other cross-border supplies | |||
| 38-185.01 | Export of goods by travellers as accompanied baggage | 38-185.01 | Export of goods by travellers as accompanied baggage | |
|
Division 40 – Input taxed supplies
Subdivision 40-A – Financial supplies |
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| 40-5.01 | Object of Subdivision 40-A | 40-5.01 | Object of Subdivision 40-A | |
| 40-5.02 | Interests | 196-1.01 | Definitions | Definition of 'interest' now located in the dictionary. |
| 40-5.03 | Provision | 196-1.01 | Definitions | Definition of 'provision' now located in the dictionary. |
| 40-5.04 | Disposal | 196-1.01 | Definitions | Definition of 'disposal' now located in the dictionary. |
| 40-5.05 | Acquisition | 40-5.05 | Acquisition | See also definition of 'acquisition' in the dictionary. |
| 40-5.06 | Financial supply providers | 40-5.06 | Financial supply providers | |
| 40-5.07 | Financial supply facilitators | 40-5.07 | Financial supply facilitators | |
| 40-5.08 | When supply may be financial supply | 40-5.08 | When supply may be financial supply | |
| 40-5.09 | What supplies are financial supplies | 40-5.09 | What supplies are financial supplies | |
| 40-5.10 | Incidental financial supplies | 40-5.10 | Incidental financial supplies | |
| 40-5.11 | Examples of supplies that are financial supplies | 40-5.11 | Examples of supplies that are financial supplies | |
| 40-5.12 | What supplies are not financial supplies | 40-5.12 | What supplies are not financial supplies | |
| 40-5.13 | Examples of supplies that are not financial supplies | 40-5.13 | Examples of supplies that are not financial supplies | |
| Chapter 4 The special rules | ||||
|
Part 4-1 – Special rules mainly about particular ways entities are organised
Division 48 – GST groups |
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| Subdivision 48-A – Approval of GST groups | Subdivision 48-A – Formation and membership of GST groups | |||
| 48-10.01 | Definitions for Subdivision | 196-1.01 | Definitions | Definitions of 'fixed trust', and 'shareholder' now located in the dictionary.
Note: Definition of 'family' removed – refer to definition of 'family member' in the A New Tax System (Goods and Services Tax) Act 1999. Definition of 'GST group' removed – refer to definition of 'GST group' in the A New Tax System (Goods and Services Tax) Act 1999. Definition of 'representative' removed – refer to definition of 'associated person' in the dictionary. |
| 48-10.01A | Trust distribution and beneficiaries | 48-10.01 | Trust distribution and beneficiaries | |
| 48-10.02(1)-(5) | Membership requirements for partnerships | 48-10.02 | Membership requirements for partnerships | |
| 48-10.02(6) | Membership requirements for partnerships | 196-1.01 | Definitions | Definitions of 'family trust' and 'family company' now located in the dictionary. |
| 48-10.03 | Membership requirements for trusts | 48-10.03 | Membership requirements for trusts | |
| 48-10.03A | Alternative membership requirements for groups of fixed trusts | 48-10.03A | Alternative membership requirements for groups of fixed trusts | |
| 48-10.04 | Membership requirements for individuals | 48-10.04 | Membership requirements for individuals | |
| Division 51 – GST joint ventures | ||||
| Subdivision 51-A – Formation of and participation in GST joint ventures | ||||
| 51-5.01 | Specified purposes for GST joint ventures | 51-5.01 | Specified purposes for GST joint ventures | |
|
Part 4-2 – Special rules mainly about supplies and acquisitions
Division 70 – Financial supplies (reduced credit acquisitions) |
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| 70-5.01 | Objects of Division 70 | 70-5.01 | Objects of this Division | |
| 70-5.01A | Definition | 70-5.01A | Meaning of closely related | |
| 70-5.02(1)-(3) | Acquisitions that attract reduced input tax credits: general | 70-5.02(1)-(2) | Acquisitions that attract reduced input tax credits: general | |
| 70-5.02(4) | Acquisitions that attract reduced input tax credits: general | 196-1.01 | Definitions | Refer to definitions of 'management investment scheme', 'mortgage loan', 'mortgage scheme', 'recognised trust scheme', 'securitisation entity' in the dictionary.
Note: Definition of 'debt interest' in former subregulation 70-5.02(4) has been removed from section 70-5.02 as that phrase is not referenced in the section. Definitions of 'long-term lease', 'real property' and 'stratum unit' removed – refer to the definitions for these phrases in the A New Tax System (Goods and Services Tax) Act 1999. |
| 70-5.02A | Acquisitions that attract reduced input tax credits: certain offshore supplies | 70-5.02A(1)-(2) | Acquisitions that attract reduced input tax credits: certain offshore supplies | |
| 70-5.02B(1)-(2) | Reduced credit acquisitions | 70-5.02A(3)-(4) | Acquisitions that attract reduced input tax credits: certain offshore supplies | |
| 70-5.02C | Unabsorbed contribution | 70-5.02A(5) | Acquisitions that attract reduced input tax credits: certain offshore supplies | |
| 70-5.02D | Prohibition against claiming twice | 70-5.02D | Prohibition against claiming twice | |
| 70-5.03 | Percentage to which input tax credits are reduced | 70-5.03 | Percentage to which input tax credits are reduced | |
| Division 78 – Insurance | ||||
| 78-105.01 | Statutory compensation schemes | 78-105.01 | Statutory compensation schemes | |
| Division 79 – Compulsory third party schemes | ||||
| 79-35.01 | Meaning of CTP ancillary payment or supply | 79-35.01 | CTP ancillary payment or supply | |
| Division 81 – Taxes, fees and charges | Division 81 – Payment of taxes, fees and charges | |||
| 81-10.01 | Fees and charges which constitute consideration | 81-10.01 | Fees and charges which constitute consideration | |
| 81-15.01(1) | Fees and charges which do not constitute consideration | 81-15.01 | Fees and charges which do not constitute consideration | |
| 81-15.01(2) | Fees and charges which do not constitute consideration | 196-1.01 | Definitions | Refer to definition of 'waste' in the dictionary |
| 81-15.02 | Fees and charges covered by regulations 81-10.01 and 81-15.01 | 81-15.02 | Fees and charges covered by sections 81-10.01 and 81-15.01 | |
|
Part 4-7 – Special rules mainly about returns, payments and refunds
Division 168 – Tourist refund scheme |
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| Subdivision 168-1 – Kinds of acquisitions | Subdivision 168-A – Kinds of acquisitions | |||
| 168-5.01 | Acquisition | 168-5.01 | Acquisition | |
| 168-5.02 | Goods to which Subdivision 168-1 applies | 168-5.02 | Goods to which this Subdivision applies | |
| 168-5.03 | Registered entity | 168-5.03 | Registered entity | |
| 168-5.04 | Purchase price | 168-5.04 | Purchase price | |
| 168-5.05 | Tax invoice | 168-5.05 | Tax invoice | |
| Subdivision 168-2 – Departure from the indirect tax zone | Subdivision 168-B – Departure from the indirect tax zone | |||
| 168-5.06 | Departure | 168-5.05A and 168-5.06 | Leaving the indirect tax zone and departure | Former regulation 168-5.06 now split into two separate provisions: sections 168-5.05A and 168-5.06 |
| 168-5.07 | Place of departure | 168-5.07 | Place of departure | |
| Subdivision 168-3 – Export as accompanied baggage | Subdivision 168-C – Export as accompanied baggage | |||
| 168-5.08 | Accompanied baggage | 168-5.08 | Accompanied baggage | |
| 168-5.09 | Time of export | 168-5.09 | Time of export | |
| 168-5.10 | Verification of export | 168-5.10 | Verification of export | |
| Subdivision 168-3A – Export by resident of an external Territory as unaccompanied baggage | Subdivision 168-D – Export by resident of an external Territory as unaccompanied baggage | |||
| 168-5.10A | Export of goods to an external Territory | 168-5.10A | Export of goods to an external Territory | |
| 168-5.10B | Time of export | 168-5.10B | Time of export | |
| 168-5.10C | Verification of export | 168-5.10C | Verification of export | |
| Subdivision 168-4 – Proportion of amount of GST for payment in cash | Subdivision 168-E – Proportion of amount of GST for payment in cash | |||
| 168-5.11 | Cash payment | 168-5.11 | Cash payment | |
| Subdivision 168-5 – Documentation relating to entitlement to payment | Subdivision 168-F – Documentation relating to entitlement to payment | |||
| 168-5.12 | Payment authority | 168-5.12 | Payment authority | |
| Subdivision 168-6 – Period and manner of payment | Subdivision 168-G – Period and manner of payment | |||
| 168-5.14 | Processing payment authority given to officer of Customs at airport | 168-5.14 | Processing payment authority given to officer of Customs at airport | |
| 168-5.15 | Processing payment authority lodged at a TRS verification facility | 168-5.15 | Processing payment authority lodged at a TRS verification facility | |
| 168-5.16 | Processing payment authority given to Comptroller-General of Customs | 168-5.16 | Processing payment authority given to Comptroller-General of Customs | |
| 168-5.17 | Processing claim for payment | 168-5.17 | Processing claim for payment | |
| Chapter 6 – Interpretation | ||||
| Part 6-3 – Regulations relating to the Dictionary in the Act | Part 6-3 – Dictionary in the Act | |||
| Division 195 – Dictionary | Division 195-Dictionary in the Act | |||
| 195-1.01 | Compulsory third party schemes | 195-1.01 | Compulsory third party schemes | |
| 195-1.02 | First aid or life saving course | 195-1.02 | First aid or life saving course | |
| Part 6-4-Dictionary | ||||
| 196-1.01 | Definitions | The A New Tax System (Goods and Services Tax) Regulations 1999 did not contain a separate dictionary for definitions of phrases used in the provisions. The A New Tax System (Goods and Services Tax) Regulations 2019 includes a dictionary. | ||
| Part 6-4 – Transitional arrangements | Removed | |||
| 200-0.00 | Operation of Schedule 15 | Removed | Regulation 200-0.00 contained all transitional arrangements for amendments made to the A New Tax System (Goods and Services Tax Act) Regulations 1999. This is no longer required for the A New Tax System (Goods and Services Tax) Regulations 2019. Also note that Part 6-4 is now the dictionary in the A New Tax System (Goods and Services Tax) Regulations 2019. |
|
| Schedule 3 – Medical aids and appliances | ||||
| Schedule 3 | Medical aids and appliances | 38-45.01(1) | ||
| Schedule 5 – Rules for the supply of goods to a relevant traveller | Schedule 1 – Rules for the supply of goods to a relevant traveller | |||
| Schedule 5, clause 1 | Definitions and interpretation | 196-1.01 | Definitions | Definitions of 'barrier copy' and 'seller' now included in the dictionary.
Note: definitions of 'CB declaration', 'goods', and 'SB declaration' have been removed as they are no longer required. |
| Schedule 5, clause 2 | Sealed bag arrangements for liquids, aerosols, gels, creams and pastes | Schedule 1, clause 3 | Sealed bag rules for liquids, aerosols, gels, creams and pastes | |
| Schedule 5, Table 1 | Sealed bag rules | Schedule 1, clause 2 | Sealed bag rules | |
| Schedule 5, Table 2 | Customs Barrier Rules | Schedule 1, clause 4 | Customs barrier rules | |
| Schedule 1, clause 5 | Forms of invoice and receipt | |||
| Schedule 1, clause 6 | Employees or agents may meet requirements | |||
| Schedule 7 – Examples of financial supply | Schedule 2 – Examples of financial supply | |||
| Schedule 7, Part 1 | Examples for item 1 in the table in regulation 40-5.09 | Schedule 2, clause 1 | Examples for item 1 of the table in subsection 40 5.09(3) (accounts) | |
| Schedule 7, Part 2 | Examples for item 2 in the table in regulation 40 5.09 | Schedule 2, clause 2 | Examples for item 2 of the table in subsection 40 5.09(3) (debt and credit) | |
| Schedule 7, Part 3 | Examples for item 3 in the table in regulation 40 5.09 | Schedule 2, clause 3 | Examples for item 3 of the table in subsection 40 5.09(3) (charges and mortgages) | |
| Schedule 7, Part 4 | Examples for item 6 in the table in regulation 40 5.09 | Schedule 2, clause 4 | Examples for item 6 of the table in subsection 40 5.09(3) (life insurance business) | |
| Schedule 7, Part 5 | Examples for item 7 in the table in regulation 40 5.09 | Schedule 2, clause 5 | Examples for item 7 of the table in subsection 40 5.09(3) (guarantees) | |
| Schedule 7, Part 5A | Example for item 7A in the table in regulation 40 5.09 | Schedule 2, clause 6 | Examples for item 7A of the table in subsection 40 5.09(3) (indemnities) | |
| Schedule 7, Part 6 | Example for item 8 in the table in regulation 40 5.09 | Schedule 2, clause 7 | Examples for item 8 of the table in subsection 40 5.09(3) (hire purchase) | |
| Schedule 7, Part 7 | Examples for item 9 in the table in regulation 40 5.09 | Schedule 2, clause 8 | Examples for item 9 of the table in subsection 40 5.09(3) (currency) | |
| Schedule 7, Part 8 | Examples for item 10 in the table in regulation 40 5.09 | Schedule 2, clause 9 | Examples for item 10 of the table in subsection 40 5.09(3) (securities) | |
| Schedule 7, Part 9 | Examples for item 11 in the table in regulation 40 5.09 | Schedule 2, clause 10 | Examples for item 11 of the table in subsection 40 5.09(3) (derivatives) | |
| Schedule 8 – Examples of supply that is not financial supply | Schedule 3 – Examples of supply that is not financial supply | |||
| Schedule 8, Part 1 | Examples for item 3 in the table in regulation 40-5.12 | Schedule 3, clause 1 | Examples for item 3 of the table in section 40-5.12 (professional services) | |
| Schedule 8, Part 2 | Examples for item 4 in the table in regulation 40 5.12 | Schedule 3, clause 2 | Examples for item 4 of the table in section 40 5.12 (payment systems) | |
| Schedule 8, Part 3 | Examples for item 7 in the table in regulation 40 5.12 | Schedule 3, clause 3 | Examples for item 7 of the table in section 40 5.12 (options, rights and obligations) | |
| Schedule 8, Part 4 | Example for item 10 in the table in regulation 40 5.12 | Schedule 3, clause 4 | Examples for item 10 of the table in section 40 5.12 (insurance and reinsurance) | |
| Schedule 8, Part 5 | Examples for item 12 in the table in regulation 40 5.12 | Schedule 3, clause 5 | Examples for item 12 of the table in section 40 5.12 (managing assets or liabilities) | |
| Schedule 8, Part 6 | Examples for item 15 in the table in regulation 40 5.12 | Schedule 3, clause 6 | Examples for item 15 of the table in section 40 5.12 (trustee services) | |
| Schedule 8, Part 1 | Example for item 20 in the table in regulation 40 5.12 | Schedule 3, clause 7 | Examples for item 20 of the table in section 40-5.12 (hire purchase) | |
| Schedule 10 | Statutory compensation schemes | 78-105.01 | Statutory compensation schemes | |
| Schedule 11 | Compulsory third party schemes | 195-1.01 | Compulsory third party schemes | |
| Schedule 12 | First aid or life saving course | 195-1.02 | First aid or life saving course | |
| Schedule 15 | Transitional arrangements | Removed | ||
|
Chapter 7 – Transitional
Part 7-1 Transitional matters Division 197-Transitional matters relating to the repeal of the A New Tax System (Goods and Services Tax) Regulationsb 1999 |
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| 197-1.01 | Definitions | |||
| 197-1.02 | Old regulations continue to apply to tax periods starting before commencement time | |||
| 197-1.03 | Approved forms | |||
| 197-1.04 | Deferred payments of assessed GST on taxable importations | |||
| 197-1.05 | Tourist refund scheme | |||