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A New Tax System (Goods and Services Tax) Act 1999
72‑10 The value of taxable supplies with72‑10 The value of taxable supplies without consideration
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72‑10 The value of taxable supplies without consideration
(1) If a supply to your *associate without *consideration is a *taxable supply, its value is the *GST exclusive market value of the supply. (2) This section has effect despite section 9‑75 (which is about the value of taxable supplies). (3) This section does not apply to a supply that is a *taxable supply because of section 84‑5 (which is about offshore supplies).