A New Tax System (Goods and Services Tax) Act 1999
Chapter 2
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The basic rules
Part 2-3
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Importations
Division 13
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Taxable importations
13-5
What are taxable importations?
(1)
You make a taxable importation if:
(a) goods are imported; and
(b) you enter the goods for home consumption (within the meaning of the Customs Act 1901 ).
(2)
(Repealed by No 176 of 1999)
(3)
However, an importation of * money is not an importation of goods into the indirect tax zone.
You make a taxable importation if:
(a) goods are imported; and
(b) you enter the goods for home consumption (within the meaning of the Customs Act 1901 ).
However, the importation is not a taxable importation to the extent that it is a * non-taxable importation .
Note:
There is no registration requirement for taxable importations, and the importer need not be carrying on an enterprise.
View history note
Hide history note(Repealed by No 176 of 1999)
However, an importation of * money is not an importation of goods into the indirect tax zone.
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