CTHIn ForceAct
A New Tax System (Goods and Services Tax) Act 1999
86‑25 The amount of GST on “reverse char86‑25 The amount of GST on “reverse charged” supplies of goods consisting of valuable metal
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86‑25 The amount of GST on “reverse charged” supplies of goods consisting of valuable metal
(1) The amount of GST on a supply to which section 86‑5, 86‑15 or 86‑20 applies is 10% of the *price of the supply. (2) This section has effect despite section 9‑70 (which is about the amount of GST on taxable supplies).