Document ID: chunk:federal_register_of_legislation:F2022C00635:reg:8:p2
Version: federal_register_of_legislation:F2022C00635
Segment Type: reg
Provision Reference: reg 8 (pt 2/4)
Character Range: 15326–17891

(the currency of payment); and
 (xvii) in a case where the currency of payment is not Australian dollars—the mid‑rate quoted by the Reserve Bank for that currency for the due date for payment of the sale price or, if that rate is not quoted for that date, the mid‑rate quoted by the Reserve Bank for that currency for the most recent day before that due date; and
 (xviii) in a case where the currency of payment is not Australian dollars—the sale price under the contract (expressed as an amount of that currency and as an equivalent amount of Australian dollars); and
 (xix) in a case where the currency of payment is not Australian dollars and the sale price under the contract includes an amount of GST payable on the supply to which that price relates—the amount of GST, and the amount (less GST) payable for the supply, expressed as amounts of that currency and as equivalent amounts of Australian dollars; and
 (xx) the effective credit day for the transaction; and
 (xxi) the number of credit days allowed under the contract; and
 (xxii) the maximum indicator interest rate quoted by the Reserve Bank for the date of entry for home consumption of the oil or condensate or, if that rate is not quoted for that date, the maximum indicator interest rate quoted by the Reserve Bank for the most recent day before that date of entry;
Note: For subparagraphs (xiv) and (xix), the amount (less GST) payable for the supply will be an amount equal to the difference between the price referred to in that subparagraph and the amount of GST.
 (d) if all or part of that oil or condensate is loaded on a ship under a contract other than an f.o.b. contract—the value applicable under paragraph 12(1)(b) to each type of cost, referred to in paragraph 12(1)(a), incurred by the producer under that contract together with sufficient particulars to enable the nature of that cost to be readily identified;
 (e) if a value given under paragraph (d) is an amount mentioned in subparagraph 12 (1)(b)(ii) and the producer is entitled to an input tax credit for the acquisition to which that value relates:
 (i) the amount of the input tax credit; and
 (ii) the amount (less the input tax credit) incurred by the producer for the acquisition; and
 (iii) a statement identifying the cost to which those amounts relate;
Note: The amount (less the input tax credit) incurred by the producer for the acquisition will be an amount equal to the difference between the value of the cost and the amount of the input tax credit.
 (f) in a case where particulars of 2 or more types of cost