Document ID: chunk:federal_register_of_legislation:F2023L01284:clause:1_4:p1
Version: federal_register_of_legislation:F2023L01284
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 1/2)
Character Range: 1655–4442

4  Definitions
Note: A number of expressions used in this instrument are defined in Division 195 of the Act, including the following:
               (a)      assessed net amount;
               (b)      assessment;
               (c)      current GST turnover;
               (d)      GST group;
               (e)      GST return;
               (f)       net amount;
               (g)      period of review;
               (h)      tax period.
  In this instrument:
Act means the A New Tax System (Goods and Services Tax) Act 1999.
Commissioner means the Commissioner of Taxation.
compliance activity means an examination of your GST affairs (other than an activity that the Commissioner notifies you in writing is not a compliance activity for the purposes of this instrument), and begins on the day the Commissioner advises you that an examination is to be made and ends on the day when the Commissioner:
 (a) gives a notice of assessment or notice of amended assessment in relation to the tax period under examination; or
 (b) advises you that the examination has been finalised.
Note: A compliance activity can be any examination of your GST affairs, including matters related to reviews, audits, verification checks, record-keeping reviews or audits, and other similar activities.
credit error means a mistake you made in working out your net amount for an earlier tax period that would, if it was the only mistake made in the tax period, have resulted in your assessed net amount for that earlier tax period being overstated.
credit error amount means the amount by which the assessed net amount for an earlier tax period would be overstated because of a credit error.
debit error means a mistake you made in working out your net amount for an earlier tax period that would, if it was the only mistake made in the tax period, have resulted in your assessed net amount for that earlier tax period being understated.
debit error amount means the amount by which the assessed net amount for an earlier tax period would be understated because of a debit error.
  error means a credit error or a debit error but does not include a mistake that relates to:
 (a) an input tax credit, where your entitlement to that input tax credit has ceased under Division 93 of the Act; or
 (b) an amount that the Commissioner need not refund to you under section 105-65 in Schedule 1 to the Taxation Administration Act 1953.
Note 1: Section 105-65 in Schedule 1 to the Taxation Administration Act 1953 has been repealed, but continues to apply to overpaid GST that relates to tax periods starting on or before 30 May 2014.
Note 2: In circumstances where subsection 29-10(4) or section 142-10 of the Act applies there will be no error for the purposes of this instrument despite any mistake made, as