Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 4 - Generic assessment, collection and recovery rules  

PART 4-1 - RETURNS AND ASSESSMENTS  

Division 155 - Assessments  

Subdivision 155-A - Making assessments  

SECTION 155-20   ASSESSMENT OF INDIRECT TAX ON IMPORTATIONS AND CUSTOMS DEALING  

155-20(1)  


The Commissioner is treated as having made an assessment under section 155-5 of the * GST, * luxury car tax or * wine tax (whichever is applicable) payable by you on a * taxable importation, * taxable importation of a luxury car or * customs dealing, if:


(a) the document mentioned in column 1 of an item of the following table is communicated to the Department administered by the Minister administering Part XII of the Customs Act 1901 , in respect of the importation or dealing; and


(b) a Collector (within the meaning of the Customs Act 1901 ) gives the document mentioned in column 2 of the item to an entity in respect of the importation or dealing.


Customs documents
Item Column 1
Document communicated
Column 2
Document given to an entity
1 an * import declaration an * import declaration advice
2 a self-assessed clearance declaration (within the meaning of the Customs Act 1901) a * self-assessed clearance declaration advice

155-20(2)  


The assessment is treated as having been made on the day a Collector (within the meaning of the Customs Act 1901 ) gives the document mentioned in paragraph (1)(b) to the entity.

155-20(3)  
The amount assessed is the amount (including a nil amount) worked out in accordance with the information stated in the 2 documents.

155-20(4)  
The 2 documents are treated as together being a notice of the assessment:


(a) signed by the Commissioner; and


(b) given to you under section 155-10 on the day a Collector (within the meaning of the Customs Act 1901 ) gives the document mentioned in paragraph (1)(b) of this section to the entity.

155-20(5)  
This section does not apply if the Commissioner has already assessed the * GST, * luxury car tax or * wine tax on or before the day mentioned in paragraph (4)(b).


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.