Document ID: chunk:federal_register_of_legislation:C2025C00126:section:16:p1
Version: federal_register_of_legislation:C2025C00126
Segment Type: section
Provision Reference: s 16 (pt 1/3)
Character Range: 88738–91448

16                          Time limit on entitlements to input tax credits    Division 93

Part 2‑3—Importations

Division 13—Taxable importations

13‑1  What this Division is about
       GST is payable on taxable importations. This Division defines taxable importations, states who is liable for the GST and describes how to work out the GST on importations.
Note 1: This Division applies whether or not you are registered.
Note 2: Things other than goods that are supplied overseas for use in the indirect tax zone (and are therefore in that sense "imported") are not taxable importations, but they can attract GST under Subdivision 84‑A.

13‑5  What are taxable importations?
 (1) You make a taxable importation if:
 (a) goods are imported; and
 (b) you enter the goods for home consumption (within the meaning of the Customs Act 1901).
However, the importation is not a taxable importation to the extent that it is a *non‑taxable importation.
Note: There is no registration requirement for taxable importations, and the importer need not be carrying on an enterprise.
 (3) However, an importation of *money is not an importation of goods into the indirect tax zone.

13‑10  Meaning of non‑taxable importation
  An importation is a non‑taxable importation if:
 (a) it is a non‑taxable importation under Part 3‑2; or
 (b) it would have been a supply that was *GST‑free or *input taxed if it had been a supply.

13‑15  Who is liable for GST on taxable importations?
  You must pay the GST payable on any *taxable importation that you make.

13‑20  How much GST is payable on taxable importations?
 (1) The amount of GST on the *taxable importation is 10% of the *value of the taxable importation.
 (2) The value of a *taxable importation is the sum of:
 (a) the *customs value of the goods imported; and
 (b) the amount paid or payable:
 (i) for the *international transport of the goods to their *place of consignment in the indirect tax zone; and
 (ii) to insure the goods for that transport;
  to the extent that the amount is not already included under paragraph (a); and
 (ba) the amount paid or payable for a supply to which item 5A in the table in subsection 38‑355(1) applies, to the extent that the amount:
 (i) is not an amount, the payment of which (or the discharging of a liability to make a payment of which), because of Division 81 or regulations made under that Division, is not the provision of *consideration; and
Note: Division 81 excludes certain taxes, fees and charges from the provision of consideration.
 (ii) is not already included under paragraph (a) or (b); and
 (c) any *customs duty payable in respect of the importation of the goods; and
 (d) any *wine tax payable in respect