A New Tax System (Goods and Services Tax) Act 1999
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 noteA * taxable supply is taxable at less than 1/11 of the price if the amount of GST payable on the supply is an amount that is less than 1/11 of the *price of the supply.
(2)
A * creditable acquisition is creditable at less than 1/11 of the consideration if the * taxable supply to which it relates is * taxable at less than 1/11 of the price .
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