Taxation (Depreciation, Payment Dates Alignment, FBT, and Miscellaneous Provisions) Act 2006

288 Zero-rating of goods

• (1) Section 11(1)(j) is replaced by the following:

  • “(j) the goods are not situated in New Zealand at the time of supply and

    • “(i) the goods are not situated in New Zealand at the time of delivery to the recipient:

    • “(ii) the recipient pays tax under section 12 on the importation of the goods into New Zealand; or”.

  (2) Subsection (1) applies for supplies made on or after 19 May 2005.