Regulation 90A
Definitions of this Part
of Goods and Services Tax (General) Regulations 1993
Subregulation 1
In this Part —
Definition
“claim” means a claim made to the Comptroller under regulation 90B, in accordance with regulation 90C, for a refund in respect of a reverse charge supply;
Definition
“claimant” means a recipient under section 14(2) of the Act, that makes a claim;
Definition
“outstanding consideration” means —
if at the time of the claim the claimant has made no payment to the supplier by way of the consideration for the distantly taxable goods or services in fact supplied by the supplier to the claimant, an amount equal to the amount of the consideration owing to the supplier; or
if at that time the claimant has made a payment or payments to the supplier by way of the consideration for the distantly taxable goods or services in fact supplied by the supplier to the claimant, an amount by which the payment (or the aggregate of the payments) is exceeded by the amount of the consideration for such supply;
Definition
“payment” means any payment or part‑payment which is made by the claimant to the supplier by way of consideration for the supply by the supplier to the claimant, regardless of whether such payment is in full settlement of the amount owing by the claimant to the supplier or not;
Definition
“reverse charge adjustment account” has the meaning given by regulation 90E(3);
Definition
“supplier” means the person or branch of a person, or the member of a group mentioned in section 30 of the Act, that makes a supply to a recipient which gives rise to a reverse charge supply under section 14 of the Act.
Subregulation 2
Section 11C of the Act applies for determining the time when a reverse charge supply is to be treated as taking place for the purposes of this Part.