Bill on GST Administration of Cross-Border Transport Open for Consultation
26 February 2010
The Assistant Treasurer has today released draft legislation aimed at improving the operation of the GST law by streamlining its application to the domestic transport of imported and exported goods, for public comment.
The changes to the law will reduce the involvement of non-residents in the Australian GST system, improve consistency in the GST treatment of postal and non-postal containerised goods, and assist domestic sub-contracted transport suppliers with GST compliance.
The draft Bill is now available at www.treasury.gov.au and consultation closes on Friday 5 March 2010.
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