A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 129.1 What this Division is about
A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 129.1
What this Division is aboutThe extent to which an acquisition or importation is for a creditable purpose
affects the amount of the resulting input tax credit. When the
extent of creditable purpose is changed by later events, adjustments (for the
purpose of working out net amounts under Part 2 - 4) may need to be
made.