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

Chapter 6 - Interpreting this Act  

Part 6-2 - Meaning of some important concepts  

Division 188 - Meaning of GST turnover  

188-15   Current GST turnover   General

(1)  


Your current GST turnover at a time during a particular month is the sum of the * values of all the supplies that you have made, or are likely to make, during the 12 months ending at the end of that month, other than:


(a) supplies that are * input taxed ; or


(b) supplies that are not for * consideration (and are not * taxable supplies under section 72-5 ); or


(c) supplies that are not made in connection with an * enterprise that you * carry on .

Members of GST groups

(2)  


If you are a * member of a * GST group , your current GST turnover at a time during a particular month is the sum of the * values of all the supplies that you or any other member of the group have made, or are likely to make, during the 12 months, other than:


(a) supplies made from one member of the group to another member of the group; or


(b) supplies that are * input taxed ; or


(c) supplies that are not for * consideration (and are not * taxable supplies under section 72-5 ); or


(d) supplies that are not made in connection with an * enterprise that you * carry on .

Supplies that are disregarded

(3)  


In working out your current GST turnover , disregard:


(a) any supply that is not * connected with the indirect tax zone ; and


(b) any supply that is connected with the indirect tax zone because of paragraph 9-25(5)(c) , unless:


(i) the supply is made to an *Australian consumer; and

(ii) the supply is not *GST-free; and

(iii) the thing to be acquired under the right or option referred to in that paragraph is not goods or *real property; and


(c) any supply (other than a supply covered by paragraph (a) or (b)):


(i) of a right or option to use * commercial accommodation in the indirect tax zone; and

(ii) that is not made in the indirect tax zone; and

(iii) that is made through an * enterprise that the supplier does not * carry on in the indirect tax zone ; and


(d) any *GST-free supply made by a *non-resident that does not make the supply through an *enterprise that the non-resident *carries on in the indirect tax zone.


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