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A New Tax System (Goods and Services Tax) Act 1999
5‑1 What this Chapter is about5‑1 What this Chapter is about
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5‑1 What this Chapter is about
This Chapter sets out the basic rules for the GST. In particular, these rules will tell you:
• where liability for GST arises;
• where entitlements to input tax credits arise;
• how the amounts of GST and input tax credits are combined to work out the amount payable by you or to you;
• when and how that amount is to be paid.