Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 188.10

             (1)  You have a GST turnover that meets a particular * turnover threshold if:

                     (a)  your * current GST turnover is at or above the turnover threshold, and the Commissioner is not satisfied that your * projected GST turnover is below the turnover threshold; or

                     (b)  your projected GST turnover is at or above the turnover threshold.

             (2)  You have a GST turnover that does not exceed a particular * turnover threshold if:

                     (a)  your * current GST turnover is at or below the turnover threshold, and the Commissioner is not satisfied that your * projected GST turnover is above the turnover threshold; or

                     (b)  your projected GST turnover is at or below the turnover threshold.

             (3)  Each of these is a turnover threshold :

                  (aaa)  the * annual apportionment turnover threshold;

                    (aa)  the * cash accounting turnover threshold;

                     (a)  the * electronic lodgment turnover threshold;

                   (ab)  the * instalment turnover threshold;

                     (b)  the * registration turnover threshold;

                   (ba)  the * small enterprise turnover threshold;

                     (c)  the * tax period turnover threshold.