SALES TAX ASSESSMENT ACT 1992 [Repealed]

PART 4 - CREDITS

SECTION 51 [Repealed by 101 of 2006]   CREDIT ENTITLEMENTS  

51(1)  [Entitlement to credit]  

Tables 3 and 3A set out the situations in which a claimant is entitled to a credit.

51(2)  [Previous credit entitlement]  

A claimant is not entitled to a credit for an amount of tax for which a credit entitlement has previously arisen (whether for the claimant or another person).

51(3)  [Claim to be lodged within 3 years]  

A claimant is not entitled to a credit unless the claim for the credit is lodged within 3 years after the time when the credit arises.

51(3A)  [Increased duty alcoholic goods credit]  

An entitlement to a credit in respect of increased duty alcoholic goods sold before 1 July 2000 cannot arise from a return of the goods to the seller after 30 June 2000.

51(4)  [Form and manner of claim]  

A claim for a credit must be made in the form and manner approved by the Commissioner, and must be accompanied by such supporting evidence as the Commissioner requires.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.