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

Chapter 3 - The exemptions  

Part 3-2 - Non-taxable importations  

Division 42 - Non-taxable importations  

42-15   Supplies of low value goods  

(1)  
An importation of goods is a non-taxable importation to the extent that a supply of the goods was a *supplier-taxed offshore supply of low value goods.

Note 1:

Under Subdivision 84-C , offshore supplies of low value goods may be treated as connected with the indirect tax zone (this is not the case if the supplier reasonably believes there will be a taxable importation: see section 84-83 ).

Note 2:

There are limits on refunds of excess GST paid as a result of the incorrect treatment of the supply as a taxable supply, if this section has been treated as applying: see section 142-16 .

(2)  
However, this section does not apply unless the *Comptroller-General of Customs is notified that the supply was a *taxable supply at or before the time by which the *taxable importation would (apart from this section) have been made.

(3)  
The notice must be given, in the *approved form, by or on behalf of the importer of the goods.


 

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