A New Tax System (Goods and Services Tax) Regulations 2019

Chapter 4 - The special rules  

Part 4-7 - Special rules mainly about returns, payments and refunds  

Division 168 - Tourist refund scheme  

Subdivision 168-G - Period and manner of payment  

SECTION 168-5.17   Processing claim for payment  

For the purposes of subsection 168-5(2) of the Act, this section applies if:

(a) an acquirer lodges a claim for payment in accordance with subsections 168-5.10(2) and (3) or subsections 168-5.10C(2) and (3); and

(b) the acquirer includes with the claim instructions for paying an amount to the acquirer by:

(i) crediting the amount to a credit card account or an Australian bank account; or

(ii) posting a cheque for the amount to a nominated address; and

(c) the Comptroller-General of Customs is satisfied that the acquirer is entitled to be paid an amount under section 168-5 of the Act.

The acquirer must be paid the amount in accordance with the instructions given with the claim.

The payment must be made within 60 days after whichever is the later of the following:

(a) the day the Comptroller-General of Customs receives the claim;

(b) if the Comptroller-General of Customs asks the acquirer to give information relating to the claim for payment - the day the Comptroller-General receives the information.

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