Everyone probably know this already:
Found in PNG industry news
http://www.pngindustrynews.net/StoryView.asp?StoryID=54912
New laws will hit PNG gas with GST
Francine Pennington
Thursday, March 02, 2006
FOR the first time, all gas and other energy sources imported into Australia via pipelines will face GST charges under proposed changes to the Australian Customs legislation.
Oil Search's Kutubu oilfield in PNG.
The new legislation, expected to be in place by the middle of this year, comes in response to the proposed PNG pipeline project, according to law firm MinterEllison.
Under current legislation, pipeline importers do not have to specify the intended purpose of the product, and are therefore not subject to GST.
Everyone probably know this already:Found in PNG industry...
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