Treasury Laws Amendment (GST Low Value Goods) Act 2017 (77 of 2017)

Schedule 1   Extending GST to low value imported goods

Taxation Administration Act 1953

65   Application

(1) The amendments made to the A New Tax System (Goods and Services Tax) Act 1999 by this Schedule, so far as they relate to working out net amounts for a tax period:

(a) apply to tax periods starting on or after 1 July 2018; and

(b) do not apply to a tax period starting before 1 July 2018.

(2) Subject to subitem (1), the amendments made to the A New Tax System (Goods and Services Tax) Act 1999 by this Schedule, so far as they relate to importations, apply to importations made on or after 1 July 2018.