Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 60.30

  (1)   The input tax credit to which a * company is entitled under this Division for an importation that you made is attributable to the tax period (applying to the company) in which you were fully reimbursed by the company:

  (a)   for the * assessed GST paid on the importation; and

  (b)   for the cost of acquiring or producing the thing imported.

  (2)   This section has effect despite section   29 - 15 (which is about attributing input tax credits for importations).