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

Chapter 2 - The basic rules  

Part 2-3 - Importations  

Division 15 - Creditable importations  

15-25   Importations that are partly creditable  

An importation that you make is partly creditable if it is a * creditable importation that you make only partly for a * creditable purpose .

(Repealed by No 176 of 1999)

The amount of the input tax credit on an importation that you make that is * partly creditable is as follows:

Full input tax credit × Extent of creditable purpose


extent of creditable purpose
is the extent to which the importation is for a * creditable purpose , expressed as a percentage of the total purpose of the importation.

full input tax credit
is what would have been the amount of the input tax credit for the importation if it had been made solely for a creditable purpose.


The Commissioner may determine, in writing, one or more ways in which to work out, for the purpose of subsection (3), the extent to which an importation is for a * creditable purpose .


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.