Anti-Avoidance Provisions for the GST
Anti-Avoidance Provisions for the GST
Division 165 of the GST legislation contains a general anti-avoidance provisions. Section 165 states of the object of the division is to deter schemes to give entities benefits by reducing GST, increasing refunds or altering the timing of payments the GST or refunds. When he anti-avoidance provisions apply, the Commissioner may negate the benefit and it gets from the scheme by declaring how much GST or refund would have been payable, and when it would have been payable, apart from the scheme. A section specifically states that the division is aimed artificial or contrived schemes, …