Goods and Services Tax: Waiver of Adjustment Note Determination (No. 39) 2016 – Reverse Charged Supplies
1Goods and Services Tax: Waiver of Adjustment Note Determination (No. 39) 2016 – Reverse Charged Supplies
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Legislative Instrument
Goods and Services Tax: Waiver of Adjustment Note Determination (No. 39) 2016 – Reverse Charged Supplies
I, Deborah Jenkins, Acting Deputy Commissioner of Taxation, make this determination under subsection 29-20(3) of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act).
Deborah Jenkins
Acting Deputy Commissioner of Taxation
Dated: 13/09/2016
Name of determination
1. This determination is the Goods and Services Tax: Waiver of Adjustment Note Determination (No. 39) 2016 – Reverse Charged Supplies.
Commencement
2. This determination commences on the day after registration.
Repeal of previous determination
3. A New Tax System (Goods and Services Tax) Act 1999 Waiver of Requirement to hold an Adjustment Note for a Decreasing Adjustment Determination (No. 7) 2004 - F2006B00805, registered on 8 June 2006, is repealed on the commencement of this determination.
Waiver of requirement to hold an adjustment note for a decreasing adjustment
- The requirement to hold an adjustment note for a decreasing adjustment under subsection 29-20(3) of the GST Act is waived if the decreasing adjustment relates to a taxable supply that section 83-5 of the GST Act (about reverse charging of GST) applies.
Definitions
- Expressions in this determination have the same meaning as in the GST Act.