Document ID: chunk:federal_register_of_legislation:F2015L00566:reg:20
Version: federal_register_of_legislation:F2015L00566
Segment Type: reg
Provision Reference: reg 20
Character Range: 10959–11956

20  Transfer of importation amounts to Commissioner
 (1) An untaxable Commonwealth entity that is notionally liable to pay:
 (a) an amount of GST on a taxable importation; or
 (b) an amount of luxury car tax on a taxable importation of a luxury car; or
 (c) an amount of wine tax on a customs dealing;
must transfer the amount to an official bank account designated by Customs (within the meaning of section 4AA of the Customs Administration Act 1985).
 (2) The amount must be transferred when the relevant goods are entered for home consumption.
 (3) Despite subsections (1) and (2), if the entity has an approval from the Commissioner to defer the transfer of amounts mentioned in paragraph (1)(a), an amount mentioned in that paragraph must be transferred:
 (a) to the official administered receipts bank account chosen by the Commissioner in accordance with subsection 17(1); and
 (b) on or before the 21st day after the end of the month in which the notional liability for the amount arose.