GST-free Supply (Drugs and Medicinal Preparations) Determination 2015 (Cth)

GST-free Supply (Drugs and Medicinal Preparations) Determination 2015

I, SUSSAN LEY, Minister for Health, make this Determination under paragraph 177-10(4)(c) of the A New Tax System (Goods and Services Tax) Act 1999.

Dated  16^th Sept 2015

SUSSAN LEY

Minister for Health 

1              Name of Determination

This Determination is the GST-free Supply (Drugs and Medicinal Preparations) Determination 2015.

1. Commencement

   This Determination commences on 1 October 2015. 

2. Definition

   In this Determination:

   Act means the A New Tax System (Goods and Services Tax) Act 1999.

   Note: The following expressions that are used in this Determination are defined in the Act:

   ·     GST-free

   ·     supply.

3. GST-free supplies

   For paragraph 38-50(5)(b) of the Act, the supply of a drug or medicinal preparation is GST-free if the drug or medicinal preparation:

   (a)    is required, under the Therapeutic Goods Act 1989, to be registered or listed, or is included in a class of goods required to be registered or listed; and

   (b)    contains aspirin, paracetamol or ibuprofen; and

   (c)    is intended to be taken by mouth.

4. Revocation of GST-free Supply (Drugs and Medicinal Preparations) Determination 2004 (No. 2)

   The GST-free Supply (Drugs and Medicinal Preparations) Determination 2004 (No. 2) is revoked.