Document ID: chunk:federal_register_of_legislation:C2017A00077:clause:1_45
Version: federal_register_of_legislation:C2017A00077
Segment Type: clause
Provision Reference: sch 1 cl 45
Character Range: 29729–30724

45  At the end of Subdivision 142‑A
Add:

142‑16  No refund of excess GST relating to supplies treated as non‑taxable importations
 (1) This section applies to an amount of GST on a supply (the low value goods GST) that is taken into account in your *assessed net amount for a tax period if:
 (a) you incorrectly treated the low value goods GST as payable on a supply of goods; and
 (b) an importation of the goods was a *taxable importation, but was incorrectly treated as being a *non‑taxable importation under section 42‑15; and
 (c) the *recipient of the supply is a *consumer of the supply.
 (2) For the purposes of each *taxation law, the low value goods GST is taken to have always been payable on a *taxable supply until:
 (a) to the extent (if any) that you have *passed on the GST to another entity—you reimburse the other entity for the passed on GST; and
 (b) an entity provides to you a declaration or information that indicates that GST has been paid on the *taxable importation.