A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 60.10 Registration etc. not needed for input tax credits
A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 60.10
Registration etc. not needed for input tax credits(1) If you make a * pre - establishment acquisition, the fact that you are not * registered or * required to be registered does not stop the acquisition being a * creditable acquisition.
(2) If you make a * pre - establishment importation, the fact that you are not * registered or * required to be registered does not stop the acquisition being a * creditable importation.
(3) This section has effect despite sections 11 - 5 and
15 - 5 (which are about what are creditable acquisitions and
creditable importations).