A New Tax System (Goods and Services Tax) Act 1999

Chapter 6 - Interpreting this Act

Part 6-2 - Meaning of some important concepts

Division 188 - Meaning of GST turnover

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188-15 Current GST turnover
General

(1)

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Your current GST turnover at a time during a particular month is the sum of the * values of all the supplies that you have made, or are likely to make, during the 12 months ending at the end of that month, other than:

(a) supplies that are * input taxed ; or

(b) supplies that are not for * consideration (and are not * taxable supplies under section 72-5 ); or

(c) supplies that are not made in connection with an * enterprise that you * carry on .

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Members of GST groups

(2)

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If you are a * member of a * GST group , your current GST turnover at a time during a particular month is the sum of the * values of all the supplies that you or any other member of the group have made, or are likely to make, during the 12 months, other than:

(a) supplies made from one member of the group to another member of the group; or

(b) supplies that are * input taxed ; or

(c) supplies that are not for * consideration (and are not * taxable supplies under section 72-5 ); or

(d) supplies that are not made in connection with an * enterprise that you * carry on .

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Supplies that are disregarded

(3)

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In working out your current GST turnover , disregard:

(a) any supply that is not * connected with the indirect tax zone ; and

(b) any supply that is connected with the indirect tax zone because of paragraph 9-25(5)(c) , unless:

(i) the supply is made to an *Australian consumer; and

(ii) the supply is not *GST-free; and

(iii) the thing to be acquired under the right or option referred to in that paragraph is not goods or *real property; and

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(c) (Repealed by No 65 of 2019)

(d) any *GST-free supply made by a *non-resident that does not make the supply through an *enterprise that the non-resident *carries on in the indirect tax zone.

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History

S 188-15(3) amended by No 65 of 2019, s 3 and Sch 2 item 3, by repealing para (c), effective 1 October 2019 and applicable in relation to a supply:

(a) for which consideration is first received on or after 1 July 2019; or

(b) if, before any consideration is received for the supply, an invoice is issued relation to the supply - for which an invoice is issued on or after 1 July 2019.

Para (c) formerly read:

(c) any supply (other than a supply covered by paragraph (a) or (b)):

(i) of a right or option to use * commercial accommodation in the indirect tax zone; and

(ii) that is not made in the indirect tax zone; and

(iii) that is made through an * enterprise that the supplier does not * carry on in the indirect tax zone ; and

S 188-15(3) amended by No 52 of 2016, s 3 and Sch 1 item 7, by substituting para (b), applicable in relation to working out net amounts for tax periods starting on or after 1 July 2017. See note under Subdiv 38-T heading. Para (b) formerly read:

(b) any supply that is connected with the indirect tax zone because of paragraph 9-25(5)(c); and

S 188-15(3) amended by No 52 of 2016, s 3 and Sch 2 item 21, by inserting para (d), applicable in relation to working out net amounts for tax periods starting on or after 1 October 2016. For saving provisions, see note under s 9-26 .

S 188-15(3) amended by No 2 of 2015, s 3 and Sch 4 item 31, by substituting " the indirect tax zone " for " Australia " (wherever occurring), applicable to a tax period that commences on or after 1 July 2015.

S 188-15(3) amended by No 80 of 2007, s 3 and Sch 2 item 44, by substituting " current GST turnover " for " current annual turnover " , applicable in relation to net amounts for tax periods starting on or after 1 July 2007.

S 188-15(3) substituted by No 77 of 2005, s 3 and Sch 3 item 16C, applicable to supplies made on or after 1 October 2005. No 77 of 2005, s 3 and Sch 3 item 18 contains the following transitional provision:

18 Transitional provision
For the purposes of sections 188-15 and 188-20 of the A New Tax System (Goods and Services Tax) Act 1999 , in working out an enterprise's current annual turnover, or projected annual turnover, at a time during July, August or September 2005, disregard a supply if:

(a) the enterprise through which the supply is made is not carried on in Australia; and

(b) the supply:

(i) is a supply of a right or option to use commercial accommodation in Australia; and

(ii) is not made in Australia.

S 188-15(3) formerly read:

Supplies must be connected with Australia

(3)
In working out your current annual turnover , disregard any supplies that are not *connected with Australia.

S 188-15(3) inserted by No 176 of 1999, s 3 and Sch 1 item 128, effective 1 July 2000.

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