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A New Tax System (Goods and Services Tax) Act 1999
21‑10 Recovering amounts previously writ21‑10 Recovering amounts previously written off (taxable supplies)
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21‑10 Recovering amounts previously written off (taxable supplies)
You have an increasing adjustment if: (a) you made a *taxable supply in relation to which you had a *decreasing adjustment under section 21‑5 for a debt; and (b) you recover the whole or a part of the amount written off, or the whole or a part of the amount that has been *overdue for 12 months or more, as the case requires. The amount of the increasing adjustment is 1/11 of the amount recovered.