46Penalty tax where certain anti‑avoidance provisions apply

46 Penalty tax where certain anti‑avoidance provisions apply

Where, under subsection 25(2), the Commissioner has made an assessment in relation to a person in consequence of an alteration of the sale value of goods (other than an alteration made under subsection 18(3A)), the person is liable to pay additional tax, by way of penalty, equal to double the amount of the difference between the tax properly payable and the tax that would have been payable if the sale value concerned had not been altered.