A New Tax System (Goods and Services Tax) Amendment Regulation 2012 (No. 1) (87 of 2012)
Schedule 1 Amendments
[11] Schedule 8, after Part 6
insert
Part 7 Example for item 20 in the table in regulation 40-5.12
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Item |
Example |
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1 |
The credit component under a hire purchase agreement entered into on or after 1 July 2012 where the consideration is the amount of interest and associated fees and charges |