A New Tax System (Goods and Services Tax) Act 1999
Chapter 4
-
The special rules
Part 4-4
-
Special rules mainly about net amounts and adjustments
136-1
What this Division is about
•
was a supply that was partly taxable or an acquisition that was partly creditable; or
•
was fully taxable or creditable, but not to the extent of 1/11 of the price or consideration for the transaction.
Note:
The special rules in this Part mainly modify the operation of Part 2-4 , but they may affect other Parts of Chapter 2 in minor ways.
Division 136 - Bad debts relating to transactions that are not taxable or creditable to the fullest extent
View history note
Hide history noteThe amount of an adjustment that you have under Division 21 for a bad debt is reduced under this Division if the transaction to which the adjustment relates:
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.