GST 2004/1
A New Tax System (Goods and Services Tax) Act 1999
I, TONY ABBOTT, Minister for Health and Ageing, make this Determination under paragraph 177-10(4)(c) of the A New Tax System (Goods and Services Tax) Act 1999.Legislative Instrument
1. Name of determination
This Determination is the GST-free Supply (Drugs and Medicinal Preparations) Determination 2004
2 Commencement
This Determination commences on gazettal.
3 Definition
In this Determination:
Act means the A New Tax System (Goods and Services Tax,) Act 1999.
Note: The following expressions that are used in this Determination are defined in the Act:
- •
- GST-free
- •
- supply.
4 GST-free supplies
For paragraph 38-50(5)(b) of the Act, the supply of a drug or medicinal preparation is GST-free if the drug or medicinal preparation:
- (a)
- is required, under the Therapeutic Goods Act 1989, to be registered or listed, or is included in a class of goods required to be registered or listed; and
- (b)
- contains aspirin, paracetamol or ibuprofen; and
- (c)
- is intended to be taken by mouth.
5 Revocation of GST-free Supply (Drugs and Medicinal Preparations) Determination 2000 (No. 2)
The GST-free Supply (Drugs and Medicinal Preparations) Determination 2000 (No. 2) is revoked.
29 March 2004
Tony Abbott
Minister for Health and Ageing
Related Explanatory Statements:
GST 2004/1 - Explanatory Statement