Taxation Laws Amendment Act (No. 8) 2000 (156 of 2000)
Schedule 2 Imports
A New Tax System (Goods and Services Tax) Act 1999
7 Section 117-1
Repeal the section, substitute:
117-1 What this Division is about
Taxable importations of goods that were exported, and then re-imported, are in some cases given a lower value than would otherwise apply. The GST then applies only to the lower value, and not to the entire value, of the goods.
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