Treasury Laws Amendment (GST Low Value Goods) Act 2017 (77 of 2017)
Schedule 1 Extending GST to low value imported goods
Taxation Administration Act 1953
(1) The amendments made to the A New Tax System (Goods and Services Tax) Act 1999 by this Schedule, so far as they relate to working out net amounts for a tax period:
(a) apply to tax periods starting on or after 1 July 2018; and
(b) do not apply to a tax period starting before 1 July 2018.
(2) Subject to subitem (1), the amendments made to the A New Tax System (Goods and Services Tax) Act 1999 by this Schedule, so far as they relate to importations, apply to importations made on or after 1 July 2018.
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