A New Tax System (Goods and Services Tax) Act 1999
Chapter 4
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The special rules
Part 4-4
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Special rules mainly about net amounts and adjustments
Note:
The special rules in this Part mainly modify the operation of Part 2-4 , but they may affect other Parts of Chapter 2 in minor ways.
Division 137 - Stock on hand on becoming registered etc.
137-1
What this Division is about
If you become registered or required to be registered, you may have a decreasing adjustment for stock you have already acquired.
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