16
CurrentNet GST not included in price of service or amount paid for service
Part 5Other matters
16 Net GST not included in price of service or amount paid for service
Despite section 177‑12 of the A New Tax System (Goods and Services Tax) Act 1999, a reference in the regulations to the price of a service (including sale price or market price), or the amount paid for a service, is taken not to include the net GST (within the meaning of that Act) that is included in that price or amount.
This Act’s bill:Explanatory memorandumSecond reading speech
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