Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 84.12

             (1)  The amount of GST on a supply that is a * taxable supply because of section 84-5 is 10% of the * price of the supply.

             (2)  This section has effect despite section 9-70 (which is about the amount of GST on taxable supplies).

Note:          Section 9-90 (rounding of amounts of GST) can apply to amounts of GST worked out using this section.