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  

168-5.17   Processing claim for payment  

168-5.17(1)  
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.

168-5.17(2)  
The acquirer must be paid the amount in accordance with the instructions given with the claim.

168-5.17(3)  
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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