Goods and Services Tax (Amendment) Bill

The Goods and Services Tax (Amendment) Bill 2024 aims to amend the Goods and Services Tax Act 1993 to include taxable supplies made by public agencies. It defines "public agencies" and specifies that all taxable supplies by these agencies are treated as being made in the course of business, with exceptions allowed by the Minister. Consequential amendments to related provisions in the Act are also included. The Bill validates previous goods and services tax amounts imposed by public agencies on certain supplies, and outlines specific supplies excluded from this validation. The provisions of the Bill will come into force upon publication.