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Goods And Services Tax

​​​ GST is the amount that is calculated when the Value of the Taxable Importation (VOTI) is multiplied by the GST rate. (GST rate is currently 10%)

GST is required to be calculated for Nature 10 & 30 Full Declarations.

There are six GST line fields to be calculated for each line of a declaration. The six GST line fields are:

  1. Line Calculated GST Amount – is equal to the line VOTI multiplied by GST rate. If the goods are non-taxable or the importer claims an exemption by using a GST exemption code, then the amount is zero.

  2. Line Payable GST Amount – set to Line GST Calculated Amount when the importer cannot defer GST.

  3. Line Deferred GST Amount – set to Line GST Calculated Amount when the importer can defer GST.

  4. Line Exempted GST Amount – is equal to the line VOTI multiplied by GST rate when the importer claims an exemption by using a GST exemption code.

  5. Line Standard GST Amount – is equal to the standard line VOTI multiplied by GST rate. If the goods are non-taxable or the importer claims an exemption by using a GST exemption code, then the amount is zero.

  6. Line General GST Amount – is equal to the general line VOTI multiplied by GST rate. If the goods are non-taxable or the importer claims an exemption by using a GST exemption code, then the amount is zero.

Factors that can affect the calculation of the GST line amounts are:

  1. The importer can defer payment of GST.

  2. A GST exemption code is input by the user.

  3. A non-taxable characteristic code is listed against the tariff classification one, tariff classification two, treatment code one or treatment code two.

  4. The goods are being imported as a temporary import, in which case the Treatment Code is for infomation and has a characteristic code to show the amount payable is zero. The security concession amount includes the Line GST Calculated Amount as well as any duty or LCT calculated.

The following table shows what values will be calculated for each field in the following scenarios:

  1. Importer pays GST,

  2. Import Defers GST,

  3. GST exemption Code used,

  4. Goods are Non-Taxable and,

  5. Temporary import.

The table assumes the following values:

  1. GST rate of 10%,
  2. VOTI = $1000,
  3. Standard VOTI = $1200 and,
  4. General VOTI of $1500.
Field Payable Deferred Exempted Non-Taxable Temporary Import
Line Calculated GST Amount$100$100$0$0$100
Line Payable GST Amount$100$0$0$0$0
Line Deferred GST Amount$0$100$0$0$0
Line Exempted GST Amount$0$0$100$100$0
Line Standard GST Amount$120$120$0$0$120
Line General GST Amount$150$150$0$0$150

Note that this is a good example of the difference in how GST is treated between an end use security and a temporary import security.

In the case of a temporary import the GST component of the security concession is $100 (Line Calculated GST amount) and the amount of GST payable is zero.

In the case of an End Use Security the GST component of the security concession is $20 (Line Standard GST Amount minus Line Calculated GST Amount). The Calculated amount of $100 is either payable or deferred based on the ABN.

V1.0 05 APR 2004