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

Chapter 2 - The basic rules  

Part 2-3 - Importations  

Division 13 - Taxable importations  

13-20   How much GST is payable on taxable importations?  

(1)  
The amount of GST on the * taxable importation is 10% of the * value of the taxable importation.

(2)  
The value of a * taxable importation is the sum of:


(a) the * customs value of the goods imported; and


(b) the amount paid or payable:


(i) for the * international transport of the goods to their * place of consignment in the indirect tax zone; and

(ii) to insure the goods for that transport;
to the extent that the amount is not already included under paragraph (a); and


(ba) the amount paid or payable for a supply to which item 5A in the table in subsection 38-355(1) applies, to the extent that the amount:


(i) is not an amount, the payment of which (or the discharging of a liability to make a payment of which), because of Division 81 or regulations made under that Division, is not the provision of * consideration ; and
Note:

Division 81 excludes certain taxes, fees and charges from the provision of consideration.


(ii) is not already included under paragraph (a) or (b); and


(c) any * customs duty payable in respect of the importation of the goods; and


(d) any * wine tax payable in respect of the * local entry of the goods.

(2A)  


If an amount to be taken into account under paragraph (2)(b) or (ba) is not an amount in Australian currency, the amount so taken into account is the equivalent in Australian currency of that amount, ascertained in the way provided in section 161J of the Customs Act 1901 .

(3)  


The Commissioner may, in writing:


(a) determine the way in which the amount paid or payable for a specified kind of transport or insurance is to be worked out for the purposes of paragraph (2)(b); and


(b) determine the way in which the amount paid or payable for a specified kind of supply referred to in paragraph (2)(ba) is to be worked out for the purposes of that paragraph; and


(c) in relation to importations of a specified kind or importations to which specified circumstances apply - determine that:


(i) the amount paid or payable for a specified kind of transport or insurance is taken, for the purposes of paragraph (2)(b), to be zero; or

(ii) the amount paid or payable for a specified kind of supply referred to in paragraph (2)(ba) is taken, for the purposes of that paragraph, to be zero.

(4)  


For a *taxable importation that you make, you may choose to treat the amount under paragraph (2)(b), (or, if paragraph (2)(ba) applies, the sum of the amounts under paragraphs (2)(b) and (ba)), as an amount equal to:


(a) the percentage prescribed by the regulations of the *customs value of the goods imported; or


(b) if no percentage is prescribed - 10% of their customs value.

(5)  


However, subsection (4) does not apply if:


(a) you are not *registered; or


(b) the *local entry of the goods is a *taxable dealing in relation to *wine; or


(c) the importation of the goods is a *taxable importation of a luxury car.


 

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