Document ID: chunk:federal_register_of_legislation:C2025C00126:clause:3_4:p17
Version: federal_register_of_legislation:C2025C00126
Segment Type: clause
Provision Reference: sch 3 cl 4 (pt 17/24)
Character Range: 832463–835092

Territory; and
 (b) that you do not intend to take up residence in that Territory.

168‑10  Supplies later found to be GST‑free supplies
 (1) If:
 (a) you are paid an amount under subsection 168‑5(1A) for a supply; and
 (b) the supply is or becomes a *GST‑free supply;
you become liable to repay the amount (the recoverable amount) to the Commonwealth on the later of the following days (the due day):
 (c) the day you were paid the recoverable amount;
 (d) the day the supply becomes a GST‑free supply.
 (2) You are liable to pay general interest charge on the whole, or any part, of the recoverable amount that remains unpaid after the due day for each day in the period that:
 (a) starts on the due day; and
 (b) finishes at the end of the last day at the end of which any of the following remains unpaid:
 (i) the recoverable amount;
 (ii) general interest charge on any of the recoverable amount.

Division 171—Customs security etc. given on taxable importations

171‑1  What this Division is about
      Security or undertakings can be required under the Customs Act 1901 before a temporary import is permitted. In these cases, this Division delays the requirement to pay assessed GST on the importation.

171‑5  Security or undertaking given under section 162 or 162A of the Customs Act
 (1) An amount of *assessed GST on a *taxable importation of goods is not payable if:
 (a) a security or undertaking described in section 162 of the Customs Act 1901 has been given; and
 (b) the provisions of the regulations mentioned in paragraph 162(3)(a) of that Act are complied with; and
 (c) either:
 (i) the goods are exported within the relevant period mentioned in paragraph 162(3)(b) of that Act; or
 (ii) one or more of the circumstances or conditions specified in the regulations mentioned in paragraph 162(3)(b) of that Act apply in relation to the goods.
Note: Section 162 of the Customs Act 1901 allows delivery of imported goods if the importer gives a security or undertaking to pay any customs duty, assessed GST and assessed luxury car tax relating to the importation.
 (1A) An amount of *assessed GST on a *taxable importation of goods is not payable if:
 (a) a security or undertaking described in section 162A of the Customs Act 1901 has been given; and
 (b) the goods are not dealt with in contravention of regulations made for the purposes of that section; and
 (c) one or more of the following applies:
 (i) the goods are exported within the relevant period mentioned in paragraph 162A(5)(b) of that Act;
 (ii) if the goods are described in subsection 162A(5A) of that Act—the goods are exported before the end