Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 2.5

    Chapter   2 has the basic rules for the GST, including:

  ï‚·   when and how the GST arises, and who is liable to pay it;

  ï‚·   when and how input tax credits arise, and who is entitled to them;

  ï‚·   how to work out payments and refunds of GST;

  ï‚·   when and how the payments and refunds are to be made.