A New Tax System (Goods and Services Tax) Act 1999
Note:Division 162 - Payment of GST by instalments Subdivision 162-B - Consequences of electing to pay GST by instalments 162-50 GST instalment payers (1)
You are a GST instalment payer while an election that you have made under section 162-15 has effect. (2)
You are a GST instalment payer for any * financial year for which your election has effect.
However, if your election has effect only for part of a * financial year , you are a GST instalment payer only for that part of that financial year.
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