Primary Industries (Excise) Levies (GST Consequential Amendments) Act 2000 (Cth)

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

No. 32, 2000

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

No. 32, 2000

An Act to amend the Primary Industries (Excise) Levies Act 1999 consequentially on indirect tax reform

Contents

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

No. 32, 2000

An Act to amend the Primary Industries (Excise) Levies Act 1999 consequentially on indirect tax reform

[Assented to 19 April 2000]

The Parliament of Australia enacts:

1Short title

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

2Commencement

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.

3Schedule(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Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.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 1Primary Industries (Excise) Levies Act 1999

1

At the end of clause 1 of Schedule 8

Add:

  1. (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.

  2. (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:

  1. (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.

  2. (3)

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

Minister’s second reading speech made in—

House of Representatives on 16 February 2000

Senate on 15 March 2000]

(12/00)

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