Purpose |
To ensure the University complies with Australian GST legislation and rulings
|
Scope |
All Australian campuses
All Australian staff members
|
Policy Statement |
The University will comply with all GST laws, rulings, guidelines and reporting obligations. All transactions entered into by the University must be analysed to determine the correct GST treatment. |
Supporting procedures |
GST and Tax Invoices - Accounts Payable (Australia) Procedures
GST and Tax Invoices - Accounts Receivable (Australia) Procedures
GST and Appropriations Procedures
GST and In-Kind and Barter Transactions (Australia) Procedures
GST and importation (Australia) Procedures
|
Supporting guidelines |
|
Responsibility for implementation |
VP Finance
Divisional Director, Corporate Finance
|
Status |
New |
Key Stakeholders |
Disbursements
Corporate Receivables
Grants & Donations
Staff
|
Approval body |
Name: Strategy and Resources Committee
Meeting: 9/2008
Date: 09-December-2008
Agenda item: 8.1
|
Endorsement body |
Name: Vice President Finance
Meeting: 00
Date: 26-November-2008
Agenda item: 00
|
Definitions |
GST: Goods and Services Tax as defined in A New Tax System (Goods and Services Tax) Act 1999 |
Related legislation |
A New Tax System (Goods and Services Tax) Act 1999 |
Related policies |
Global Taxation Policy |
Related documents |
|
Date Effective |
09-December-2008 |
Review Date |
17-September-2011 |
Owner |
Divisional Director, Corporate Finance |
Author |
Taxation Accountant |
Content Enquiries |
finpol@adm.monash.edu.au |
