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This is a Bill, not an Act. For current law, see the Acts databases.
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—General) 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 neither a duty of customs nor a duty of
excise
ISBN: 0642
37936X
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 neither a duty
of customs nor a duty of excise
The Parliament of Australia enacts:
This
Act may be cited as the A New Tax System (Goods and Services Tax
Imposition—General) Act 1998.
This Act commences on 1 July 2000.
(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 neither a duty of
customs nor a duty of excise within the meaning of section 55 of the
Constitution.
The
rate of goods and services tax payable under the A New Tax System (Goods and
Services Tax) Act 1998 is 10%.
(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.