Sales Tax (Customs Ruling) (Amendment) Regulations 2023 [P.U. (A) 406/2023] were gazetted on 29 December 2023, amending the Sales Tax (Customs Ruling) Regulations 2018 [P.U. (A) 204/2018].
These Regulations come into operation on 1 January 2024. The key changes introduced by the Sales Tax (Customs Ruling) (Amendment) Regulations 2023 are as follows:
- The amendment of Regulation 2 changes the application process for a customs ruling. Previously, an application had to be made in a prescribed form as per the First Schedule. The amendment now states that any person may apply for a customs ruling under section 43 of the Act to the Director General, and the application shall be made in a manner determined by the Director General.
- The amendment of Regulation 3
- The amendment of Regulation 4.
- The amendment of Regulation 7 changes the requirements for the form in which a customs ruling is to be submitted. The new regulation states that the submission should be made to the Director General in the form and manner as determined by the Director General, replacing the previous requirement of using the form prescribed in the Third Schedule.
- The deletion of the First, Second, and Third Schedules from the Sales Tax (Customs Ruling) Regulations 2018 [P.U. (A) 204/2018], which previously contained the prescribed forms for applications and submissions related to customs rulings
References:
Sales Tax (Customs Ruling)(Amendment) Regulations 2023
Sales Tax (Customs Ruling) Regulations 2018
