Document ID: chunk:federal_register_of_legislation:C2004C01086:clause:12_21:p1
Version: federal_register_of_legislation:C2004C01086
Segment Type: clause
Provision Reference: sch 12 cl 21 (pt 1/2)
Character Range: 297431–300261

21  At the end of Schedule 1
Add:

[The next Division is Division 288.]

Part 4‑25—Charges and civil penalties for failing to meet obligations

Division 288—Electronic notification and payment

Table of sections

288‑5 Electronic notification of BAS amounts
288‑10 Penalty for non‑electronic notification
288‑15 Electronic payment of tax debts
288‑20 Penalty for non‑electronic payment

288‑5  Electronic notification of BAS amounts

  An entity that, under section 31‑25 of the *GST Act, chooses or is required to *lodge a *GST return electronically must also electronically notify the Commissioner of all other *BAS amounts whose notification is required on the same day as the GST return (ignoring any extension allowed by the Commissioner under paragraph 31‑10(b) of that Act).

288‑10  Penalty for non‑electronic notification

  An entity that:
 (a) under subsection 31‑25(2) of the *GST Act, is required to *lodge a *GST return electronically; or
 (b) under section 288‑5 in this Schedule, is required to notify another *BAS amount electronically;
but lodges or notifies it in another way, is liable to a civil penalty of 5 penalty units.

Note 1: See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.

Note 2: Division 298 contains machinery provisions for civil penalties.

288‑15  Electronic payment of tax debts

 (1) An entity that, under subsection 33‑10(2) of the *GST Act, is required to pay a *net amount for a tax period *electronically must also electronically pay the Commissioner all of its other *tax debts that are due to be paid during that period.

 (2) A *large withholder that, under subsection 16‑85(1) in this Schedule, is required to pay an amount *electronically in a particular month must also electronically pay the Commissioner all of its other *tax debts that are due to be paid during that month.

288‑20  Penalty for non‑electronic payment

  An entity that:
 (a) under subsection 33‑10(2) of the *GST Act, is required to pay a *net amount for a tax period *electronically; or
 (b) under subsection 16‑85(1) or section 288‑15 in this Schedule, is required to pay an amount electronically;
but pays it another way, is liable to a civil penalty of 5 penalty units for each payment of one or more such amounts.

Note 1: See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.

Note 2: Division 298 contains machinery provisions for civil penalties.

[The next Division is Division 298.]

Division 298—Machinery provisions for civil penalties

Table of sections

298‑5 Scope of Division
298‑10 Notification of liability
298‑15 Due date for penalty
298‑20 Remission of penalty
298‑25 General interest charge on unpaid penalty

298‑5  Scope of Division

  This Division applies if a taxation law imposes on an entity a civil penalty