Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 146.1

Non - residents may elect to be limited registration entities. Limited registration entities are not entitled to input tax credits for acquisitions and importations, and must have quarterly tax periods.

Note:   The Commissioner may approve simpler approved forms for limited registration entities: see subsection   388 - 50(3) in Schedule   1 to the Taxation Administration Act 1953 .