1998
   The Parliament of the
   Commonwealth of Australia
   HOUSE OF REPRESENTATIVES
   Presented and read a first time
   A New Tax System (Goods and Services Tax Imposition--Customs) Bill 1998
   No. , 1998
   (Treasury)
   A Bill for an Act to implement A New Tax System by imposing the tax
   payable under the GST law, so far as that tax is a duty of customs

   ISBN: 0642 379378

   Contents

   A Bill for an Act to implement A New Tax System by imposing the tax
   payable under the GST law, so far as that tax is a duty of customs

   The Parliament of Australia enacts:

      1 Short title

   This Act may be cited as the A New Tax System (Goods and Services Tax
   Imposition--Customs) Act 1998.

      2 Commencement

   This Act commences on 1 July 2000.

      3 Imposition

   (1) The tax that is payable under the GST law (within the meaning of
   the A New Tax System (Goods and Services Tax) Act 1998) is imposed by
   this section under the name of goods and services tax (GST).

   (2) This section imposes GST only so far as that tax is a duty of
   customs within the meaning of section 55 of the Constitution.

      4 Rate

   The rate of goods and services tax payable under the A New Tax System
   (Goods and Services Tax) Act 1998 is 10%.

      5 Act does not impose a tax on property of a State

   (1) This Act does not impose a tax on property of any kind belonging to
   a State.

   (2) Property of any kind belonging to a State has the same meaning as
   in section 114 of the Constitution.