64When is levy or charge payable

64 When is levy or charge payable

(1) Levy payable on a live‑stock transaction is payable on the last day for lodging the return for the transaction.

(2) Charge payable on the export of live‑stock is payable on the last day for lodging the return for the export.

Note 1 For penalty, see s 15 of the Collection Act.

Note 2 Monthly returns for levy are due on or before the 28th day of the month after the month in which the transaction takes place. However, if the person who must make the return is not in debt to the Commonwealth for $10,000 or more for unpaid levy, and was not in debt for unpaid levy for $10,000 or more at any time for the previous 2 months, the person need not lodge the return until the 28th day of the second month after the month in which the transaction takes place — see regulation 69.

Note 3 Monthly returns for charge are due on or before the 28th day of the month after the month in which the export takes place — see regulation 69A.