A New Tax System (Goods and Services Tax) Act 1999
Chapter 4
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The special rules
Part 4-1
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Special rules mainly about particular ways entities are organised
If you make a * pre-establishment acquisition , the fact that you are not * registered or * required to be registered does not stop the acquisition being a * creditable acquisition .
(2)
If you make a * pre-establishment importation , the fact that you are not * registered or * required to be registered does not stop the acquisition being a * creditable importation .
(3)
This section has effect despite sections 11-5 and 15-5 (which are about what are creditable acquisitions and creditable importations).
Note:
The special rules in this Part mainly modify the operation of Part 2-2 so far as that Part deals with liability for GST and entitlement to input tax credits, but the special rules also affect other aspects of Part 2-2 and the other Parts of Chapter 2 .
Division 60 - Pre-establishment costs 60-10 Registration etc. not needed for input tax credits (1)If you make a * pre-establishment acquisition , the fact that you are not * registered or * required to be registered does not stop the acquisition being a * creditable acquisition .
(2)
If you make a * pre-establishment importation , the fact that you are not * registered or * required to be registered does not stop the acquisition being a * creditable importation .
(3)
This section has effect despite sections 11-5 and 15-5 (which are about what are creditable acquisitions and creditable importations).
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