A New Tax System (Goods and Services Tax Imposition - Customs) Bill 1998
First Reading
1998
The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
A New Tax System (Goods and Services Tax Imposition - Customs) Bill 1998
No. , 1998
(Treasury)
A Bill for an Act to implement A New Tax System by imposing the tax payable under the GST law, so far as that tax is a duty of customs
ISBN: 0642 379378
Contents
A Bill for an Act to implement A New Tax System by imposing the tax payable under the GST law, so far as that tax is a duty of customs
The Parliament of Australia enacts:
This Act may be cited as the
A New Tax System (Goods and Services Tax Imposition - Customs) Act 1998.
This Act commences on 1 July 2000.
(1) The tax that is payable under the GST law (within the meaning of the
A New Tax System (Goods and Services Tax) Act 1998) is imposed by this section under the name of goods and services tax (
GST).
(2) This section imposes GST only so far as that tax is a duty of customs within the meaning of section 55 of the Constitution.
The rate of goods and services tax payable under the
A New Tax System (Goods and Services Tax) Act 1998 is 10%.
(1) This Act does not impose a tax on property of any kind belonging to a State.
(2) Property of any kind belonging to a State has the same meaning as in section 114 of the Constitution.