Document ID: chunk:federal_register_of_legislation:C2004C01268:clause:3_18
Version: federal_register_of_legislation:C2004C01268
Segment Type: clause
Provision Reference: sch 3 cl 18
Character Range: 109265–110014

18  Subsection 995‑1(1)
Insert:

deferred BAS payer, at a particular time, means an entity that has an obligation to notify the Commissioner of a *BAS amount at that time, other than:
 (a) an entity that has an obligation at that time to give the Commissioner a *GST return for a monthly *tax period; or
 (b) an entity whose obligation to notify a BAS amount at that time relates only to one or more of the following:
 (i) an *amount withheld by a *medium withholder or a *large withholder;
 (ii) the *PAYG instalment of an *annual payer.

Note: You are therefore a deferred BAS payer if you have an obligation to give the Commissioner a GST return for a quarterly tax period or if you are a GST instalment payer within the meaning of the GST Act.