Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 162.60

  (1)   You must give your * GST return for the * instalment tax period to the Commissioner:

  (a)   if you are required under section   161 of the * ITAA 1936 to lodge a return in relation to a year of income corresponding to, or ending during, an instalment tax period applying to you--within the period, specified in the instrument made under that section, for you to lodge as required under that section; or

  (b)   if paragraph   (a) does not apply--on or before the 28   February following the end of the instalment tax period.

Note:   Section   388 - 55 in Schedule   1 to the Taxation Administration Act 1953 allows the Commissioner to defer the time for giving the GST return.

  (2)   However, in relation to an * instalment tax period that:

  (a)   ends on 30   June 2001; or

  (b)   would have ended on 30   June 2001 but for the application of section   27 - 35;

the period referred to in paragraph   (1)(a) that would otherwise end after 28   February 2002 is taken to end on that day.

Note:   Under section   27 - 35, the start or finish of a 3 month tax period could vary by up to 7 days from the start or finish of a normal quarter.

  (3)   This section has effect despite sections   31 - 8 and 31 - 10 (which are about when GST returns must be given).