A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 162.135 Notified instalment amounts
A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 162.135
Notified instalment amounts(1) Your notified instalment amount for a * GST instalment quarter is the amount that is:
(a) worked out by the Commissioner; and
(b) notified by the Commissioner to you before the day on which the * GST instalment is due.
The amount must not be less than zero.
(2) However, the Commissioner is not to work out or notify a *
notified instalment amount for a * GST instalment quarter if you had a *
varied instalment amount for an earlier GST instalment quarter of the same *
instalment tax period.