Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX TRANSITION) ACT 1999 - SECT 15IA

                   Section 105‑55 in Schedule 1 to the Taxation Administration Act 1953 does not apply to a refund under section 35‑5 of the GST Act in respect of a tax period to the extent that the refund arises because:

                     (a)  the GST on a taxable supply was attributable to that tax period and was payable by the supplier; and

                     (b)  the recipient of the supply becomes liable for the GST on the supply because of section 15C of this Act.