Document ID: chunk:federal_register_of_legislation:C2025C00126:clause:3_16:p2
Version: federal_register_of_legislation:C2025C00126
Segment Type: clause
Provision Reference: sch 3 cl 16 (pt 2/58)
Character Range: 644884–647506

goods entered for home consumption by an entity other than the importer
 (1) If you enter for home consumption (within the meaning of the Customs Act 1901) goods that are warehoused goods (within the meaning of that Act) and that were imported by another person:
 (a) you are treated, for the purposes of Division 15, as having imported the goods; and
 (b) the extent (if any) to which you entered the goods for home consumption for a *creditable purpose is treated as the extent (if any) to which you imported the goods for a creditable purpose.
 (2) This section has effect despite Division 15 (which is about creditable importations).

Division 117—Valuation of re‑imported goods

117‑1  What this Division is about
      Taxable importations of goods that were exported, and then re‑imported, are in some cases given a lower value than would otherwise apply. The GST then applies only to the lower value, and not to the entire value, of the goods.

117‑5  Valuation of taxable importations of goods that were exported for repair or renovation
 (1) The value of a *taxable importation of goods that were exported from the indirect tax zone for repair or renovation, or that are part of a *batch repair process, is the sum of:
 (a) the cost, as determined by the *Comptroller‑General of Customs, of materials, labour and other charges involved in the repair or renovation; and
 (b) the amount paid or payable:
 (i) for the *international transport of the goods to their *place of consignment in the indirect tax zone; and
 (ii) to insure the goods for that transport;
  to the extent that the amount is not already included under paragraph (a); and
 (ba) the amount paid or payable for a supply to which item 5A in the table in subsection 38‑355(1) applies, to the extent that the amount:
 (i) is not an amount, the payment of which (or the discharging of a liability to make a payment of which), because of Division 81 or regulations made under that Division, is not the provision of *consideration; and
Note: Division 81 excludes certain taxes, fees and charges from the provision of consideration.
 (ii) is not already included under paragraph (a) or (b); and
 (c) any *customs duty payable in respect of the importation of the goods.
 (1A) If an amount to be taken into account under paragraph (1)(b) or (ba) is not an amount in Australian currency, the amount so taken into account is the equivalent in Australian currency of that amount, ascertained in the way provided in section 161J of the Customs Act 1901.
 (2) Goods are part of a batch repair process if:
 (a) they are part of a process to replace goods that