Document ID: chunk:federal_register_of_legislation:C2004C01268:clause:3_14:p2
Version: federal_register_of_legislation:C2004C01268
Segment Type: clause
Provision Reference: sch 3 cl 14 (pt 2/2)
Character Range: 108086–108763

income year. Being a deferred BAS payer, its subsequent payments under this section are therefore due on the same days as its PAYG instalments are due: 28th July, 28th October, 28th February and 28th April of an income year.

 KP Ltd's circumstances change in the 2003 income year and the Commissioner has withdrawn its instalment rate. As a result, it no longer has a PAYG instalment obligation. However, it continues to meet the criteria for a deferred BAS payer (because it is not required to give a GST return for a monthly tax period). Its payments under this section therefore continue to be due on 28th July, 28th October, 28th February and 28th April of an income year.