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A New Tax System (Goods and Services Tax) Act 1999
69‑1 What this Division is about69‑1 What this Division is about
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69‑1 What this Division is about
Some expenses that are not deductible under the ITAA 1997 do not give rise to creditable acquisitions or creditable importations. The amount of input tax credits on some creditable acquisitions or creditable importations of cars is reduced.