Commonwealth Numbered Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
A NEW TAX SYSTEM (GOODS AND SERVICES TAX TRANSITION) ACT 1999No. 57, 1999 - SECT 10
Invoice or consideration before 1 July 2000
If, before 1 July 2000:
(a) any consideration is received in connection with
a supply, or provided in connection with an acquisition, that you will make on
or after that day; or
(b) an invoice is issued relating to a supply or acquisition that you will
make on or after that day;
for the purposes of determining the tax
period to which GST or input tax credits are attributable, the
consideration is taken to have been received or provided, or invoice
taken to have been issued, during your first tax period after that
day.
Note: Division 29 of the GST Act contains rules about
attributing GST and input tax credits to tax periods.
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback