Correcting GST Errors Amendment Determination 2017 (No.1)

Legislative Instrument Correcting GST E rrors Amendment Determination 201 7 (No. 1 ) I, Timothy Dyce, Deputy Commissioner of Taxation, make this D etermination under subsection 17-20(1) of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act) . Timothy Dyce Deputy Commissioner of Taxation Dated: 9 January 201 7 Name of D etermination This D etermination i s the Correcting GST E rrors Amendment Determination 201 7 (No. 1 ) . 2. Commencement This Determination is taken to have commence d on 1/03/2017 . 3. Application This Determination applies to a tax period , in which a taxpayer corrects an error or errors from an earlier tax period, that starts on or after the commencement date of th is Determination . 4. What this D etermination does This D etermination amends the Goods and Services Tax: Correcting GST Errors Determination 2013 (F2013L00754). 5. Amendment s The following amendment s are made to the Goods and Services Tax: Correcting GST Errors Determination 2013 : (a) Insert Clause 5A before Clause 5: 5A. You can not correct an error by requesting an amendment for a later tax period To avoid doubt, you cannot correct an error from an earlier tax period in a later tax period by requesting an amendment of your assessable amount for that later tax period . (b) Omit Clause 5(b) if the tax period starts during the period of review for the assessment of the net amount for the earlier tax period, where the earlier tax period started on or after 1 July 2012; or Substitute with: if the earlier tax period started on or after 1 July 2012- you lodge the GST return for the later tax period within the period of review for the assessment of the net amount of the earlier tax period; and 6. Definitions All expressions in this D etermination have the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999 and the Taxation Administration Act 1953.