183AARemission for GST transitional taxable periods

1. This section applies to—

2. a late filing penalty imposed under section 139AAA in respect of a GST return required to be furnished for a GST transitional taxable period:
3. a late payment penalty imposed under section 139B in respect of unpaid tax for a GST transitional taxable period:
4. interest payable under Part 7 in respect of unpaid tax for a GST transitional taxable period.

5. The Commissioner must remit a taxpayer's penalty or interest to the extent to which, objectively, the penalty or interest are imposed because of the taxpayer's acts or omissions in respect of the change in the rate of goods and services tax on 1 October 2010.

6. Subsection (2) does not apply if the taxpayer is liable for a shortfall penalty in respect of a GST transitional taxable period, if the liability is attributable wholly or in part to the taxpayer's acts or omissions in respect of the change in the rate of goods and services tax on 1 October 2010.

7. In this section, GST transitional taxable period means, for a taxpayer,—

8. a taxable period, as defined in the Goods and Services Tax Act 1985 (a GST taxable period), that includes 1 October 2010:
9. a GST taxable period that includes 1 October 2010 and a later GST taxable period, if that later GST taxable period ends on or before 31 December 2010:
10. a GST taxable period for which the taxpayer is required to make a return that includes an adjustment under section 78B of the Goods and Services Tax Act 1985 because of the change in the rate of goods and services tax on 1 October 2010.