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A New Tax System (Goods and Services Tax) Act 1999
19‑1 What this Division is about19‑1 What this Division is about
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19‑1 What this Division is about
Adjustments can arise because of adjustment events. They are events such as a cancellation of a supply or acquisition, or a change in the consideration for a supply or acquisition (for example, because of a volume discount).
Note: Importations do not give rise to adjustment events.