A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 153.20 Adjustment notes

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 153.20

  (1)   If you have a * decreasing adjustment relating to a supply made by you through an agent or made to you through an agent, an obligation under subsection   29 - 75(2) to issue an * adjustment note for the adjustment, or an obligation under subsection   134 - 20(2) to issue a * third party adjustment note for the adjustment:

  (a)   arises whether the * recipient makes a request for an adjustment note or a third party adjustment note to you or the agent; and

  (b)   is complied with if either you or your agent gives the recipient an adjustment note or a third party adjustment note within 28 days after the request.

  (2)   However, you and the agent must not both issue separate * adjustment notes or * third party adjustment notes for the adjustment.

  (3)   This section has effect despite sections   29 - 75 (which is about adjustment notes) and 134 - 20 (which is about third party adjustment notes).