A New Tax System (Goods and Services Tax) Act 1999

Chapter 4 - The special rules  

Part 4-3 - Special rules mainly about importations  


The special rules in this Part mainly modify the operation of Part 2-3 , but they may affect other Parts of Chapter 2 in minor ways.

Division 114 - Importations without entry for home consumption  

114-15   Payments of amounts of assessed GST where security for payment of customs duty is forfeited  


(a) a circumstance relating to goods is an importation of the goods into the indirect tax zone because of an item of the table in section 114-5 ; and

(b) security has been given under the Customs Act 1901 for payment of * customs duty in respect of the goods; and

(c) the security is forfeited;

any * assessed GST payable on the importation is to be paid when the security is forfeited.

This section has effect despite section 33-15 (which is about payments of amounts of assessed GST on importations).

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