Federal Register of Legislation - Australian Government

Primary content

A Bill for an Act to amend the Primary Industries (Excise) Levies Act 1999 consequentially on indirect tax reform
For authoritative information on the progress of bills and on amendments proposed to them, please see the House of Representatives Votes and Proceedings, and the Journals of the Senate as available on the Parliament House website.
Introduced HR 16 Feb 2000

Primary Industries (Excise) Levies (GST Consequential Amendments) Bill 2000
First Reading

1998-1999-2000

The Parliament of the

Commonwealth of Australia

HOUSE OF REPRESENTATIVES

Presented and read a first time

Primary Industries (Excise) Levies (GST Consequential Amendments) Bill 2000

No. , 2000

(Agriculture, Fisheries and Forestry)

A Bill for an Act to amend the Primary Industries (Excise) Levies Act 1999 consequentially on indirect tax reform

ISBN: 0642 428670

Contents

A Bill for an Act to amend the Primary Industries (Excise) Levies Act 1999 consequentially on indirect tax reform

The Parliament of Australia enacts:

1 Short title This Act may be cited as the Primary Industries (Excise) Levies (GST Consequential Amendments) Act 2000.

2 Commencement This Act commences, or is taken to have commenced, immediately after the commencement of the A New Tax System (Goods and Services Tax) Act 1999.

3 Schedule(s) Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1--Primary Industries (Excise) Levies Act 1999

1 At the end of clause 1 of Schedule 8

Add:

(2) Despite section 177-12 of the A New Tax System (Goods and Services Tax) Act 1999, the reference in the definition of sale value to the price paid for deer velvet is taken not to include the net GST that is included in that price.

(3) In subclause (2), net GST has the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999.

2 At the end of clause 1 of Schedule 11

Add:

(2) Despite section 177-12 of the A New Tax System (Goods and Services Tax) Act 1999, a reference in the definition of sale value to the price of leviable fibre, or the amount paid for leviable fibre, is taken not to include the net GST that is included in that price or amount.

(3) In subclause (2), net GST has the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999.