A New Tax System (Goods and Services Tax) Act 1999
Chapter 4
-
The special rules
Part 4-2
-
Special rules mainly about supplies and acquisitions
113-1
What this Division is about
(a) an amount must be withheld from payment for the supply because of section
12-55
in Schedule
1
to the
Taxation Administration Act 1953
(about voluntary agreements to withhold); and
(b) the acquisition of the thing supplied would be a creditable acquisition if the supply
were
a taxable supply.
Note:
The special rules in this Part mainly modify the operation of Part 2-2 , but they may affect other Parts of Chapter 2 in minor ways.
Division 113 - PAYG voluntary agreements
View history note
Hide history noteA supply is not a taxable supply if:
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