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

Schedule 3 - Examples of supply that is not financial supply  


See section 40-5.13 .

CLAUSE 7   7   Examples for item 20 of the table in section 40-5.12 (hire purchase)  
A supply mentioned, or a supply of something mentioned, in the following table that relates to something mentioned in item 20 of the table in section 40-5.12 is an example of a supply mentioned in that section.

Hire purchase
Item Examples
1 The credit component under a hire purchase agreement entered into on or after 1 July 2012 where the consideration is the amount of interest and associated fees and charges

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