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Proposed Amendment for the GST Treatment of Long-Term Non-Reviewable Contracts - 19 December 2003

Date:

Friday, 21 November 2003

Content ID:

753

Abstract:

The Government has revised the proposal by which GST will be applied to long-term non-reviewable contracts from 1 July 2005. This reaffirms the Government’s commitment that section 13 of the A New Tax System (Goods and Services Tax Transition) Act 1999 (GST Transition Act) will be amended to allow suppliers with long-term non-reviewable contracts to recover the net impact of the New Tax System reforms.

Submission closing date: 19 December 2003

Documents Available:


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Proposed Amendment for the GST Treatment of Long-Term Non-Reviewable Contracts  41.06kb

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Proposed Amendment for the GST Treatment of Long-Term Non-Reviewable Contracts  8.25kb

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