Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 33.10

  (1)   You may pay by * electronic payment any * assessed net amounts payable by you. Any amounts of an assessed net amount that you do not pay by electronic payment must be paid in the manner determined in writing by the Commissioner.

  (2)   However, if your * GST turnover meets the * electronic lodgment turnover threshold, you must pay by * electronic payment any * assessed net amounts payable by you.

Note 1:   A penalty applies if you fail to pay electronically as required--see section   288 - 20 in Schedule   1 to the Taxation Administration Act 1953 .

Note 2:   You must also pay other tax debts electronically--see section   8AAZMA in that Act.