Document ID: chunk:federal_register_of_legislation:C2025C00126:section:6:p2
Version: federal_register_of_legislation:C2025C00126
Segment Type: section
Provision Reference: s 6 (pt 2/2)
Character Range: 96885–98480

the importation. However, the amount of the input tax credit is reduced if the importation is only *partly creditable.
Note: The basic rule for working out the GST payable on the importation is in section 13‑20. However, the GST payable may be affected by other provisions in:
(a) this Act (for a list of provisions, see section 13‑99); and
(b) other GST laws (for example, see subsection 357‑60(3) in Schedule 1 to the Taxation Administration Act 1953 (about the effect of rulings made under Part 5‑5 in that Schedule)).

15‑25  Importations that are partly creditable
 (1) An importation that you make is partly creditable if it is a *creditable importation that you make only partly for a *creditable purpose.
 (3) The amount of the input tax credit on an importation that you make that is *partly creditable is as follows:

where:
extent of creditable purpose is the extent to which the importation is for a *creditable purpose, expressed as a percentage of the total purpose of the importation.
full input tax credit is what would have been the amount of the input tax credit for the importation if it had been made solely for a creditable purpose.
 (4) The Commissioner may determine, in writing, one or more ways in which to work out, for the purpose of subsection (3), the extent to which an importation is for a *creditable purpose.

15‑99  Special rules relating to creditable importations
  Chapter 4 contains special rules relating to creditable importations, as follows:

Checklist of special rules
Item                        For this case ...                                  See: