Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 31.25

  (1)   You may give your * GST returns to the Commissioner by * lodging them electronically.

Note:   Section   388 - 75 in Schedule   1 to the Taxation Administration Act 1953 deals with signing returns.

  (2)   However, if your * GST turnover meets the * electronic lodgment turnover threshold, you must give your * GST returns to the Commissioner by * lodging them electronically, unless the Commissioner otherwise approves.

Note 1:   A penalty applies if you fail to lodge your GST return electronically as required--see section   288 - 10 in Schedule   1 to the Taxation Administration Act 1953 .

Note 2:   If you lodge your GST return electronically, you must also electronically notify the Commissioner of other BAS amounts--see section   388 - 80 in that Schedule.

  (3)   A * GST return is lodged electronically if it is transmitted to the Commissioner in an electronic format approved by the Commissioner.

  (4)   The electronic lodgment turnover threshold is:

  (a)   $20 million; or

  (b)   such higher amount as the regulations specify.