A New Tax System (Goods and Services Tax Imposition—Excise) Act 1999

Act No. 74 of 1999 as amended

This compilation was prepared on 1 July 2005 taking into account amendments up to Act No. 10 of 2005

The text of any of those amendments not in force on that date is appended in the Notes section

The operation of amendments that have been incorporated may be affected by application provisions that are set out in the Notes section

Prepared by the Office of Legislative Drafting and Publishing, Attorney-General’s Department, Canberra

Contents

An Act to implement A New Tax System by imposing the tax payable under the GST law, so far as that tax is a duty of excise and is not imposed on recipients of supplies
1 Short title [see Note 1]

This Act may be cited as the A New Tax System (Goods and Services Tax Imposition—Excise) Act 1999.
2 Commencement

This Act commences on 1 July 2000.
3 Imposition 1

(1) The tax that is payable under the GST law (within the meaning of the A New Tax System (Goods and Services Tax) Act 1999) is imposed by this section under the name of goods and services tax (GST).

 2

This section imposes GST only so far as that tax:

 a

is a duty of excise within the meaning of section 55 of the Constitution; and

 b

(b) is not imposed by the A New Tax System (Goods and Services Tax Imposition (Recipients)—Excise) Act 2005.
4 Rate

The rate of goods and services tax payable under the A New Tax System (Goods and Services Tax) Act 1999 is 10%.
5 Act does not impose a tax on property of a State 1

This Act does not impose a tax on property of any kind belonging to a State.

 2

(2) Property of any kind belonging to a State has the same meaning as in section 114 of the Constitution.

Notes to the

Note 1

The A New Tax System (Goods and Services Tax Imposition—Excise) Act 1999 as shown in this compilation comprises Act No. 74, 1999 amended as indicated in the Tables below.

Table of Acts
Act Number and year Date of Assent Date of commencement Application, saving or transitional provisions
A New Tax System (Goods and Services Tax Imposition—Excise) Act 1999 74, 1999 8 July 1999 1 July 2000
Tax Laws Amendment (Long-term Non-reviewable Contracts) Act 2005 10, 2005 22 Feb 2005 Schedule 1 (items 8, 9): 1 July 2005 —

Table of Amendments
ad. = added or inserted am. = amended rep. = repealed rs. = repealed and substituted ad. = added or inserted am. = amended rep. = repealed rs. = repealed and substituted
Provision affected How affected
Title am. No. 10, 2005
S. 3 am. No. 10, 2005