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A New Tax System (Goods and Services Tax) Act 1999
102‑10 Attributing GST and input tax cre102‑10 Attributing GST and input tax credits
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102‑10 Attributing GST and input tax credits
(1) If an amount is retained or recovered in circumstances referred to in section 102‑5: (a) the GST payable by you on a *taxable supply for which the amount is *consideration; or (b) the input tax credit to which you are entitled for a *creditable acquisition for which the amount is consideration; is attributable to the tax period during which the amount was retained or recovered, as the case requires. (2) This section has effect despite sections 29‑5 and 29‑10 (which are about attributing GST for taxable supplies and input tax credits for creditable acquisitions).