A New Tax System (Goods and Services Tax) Act 1999
Chapter 2
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The basic rules
Part 2-4
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Net amounts and adjustments
Division 19
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Adjustment events
Subdivision 19-C
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Adjustments for acquisitions
19-85
Decreasing adjustments for acquisitions
If the * previously attributed input tax credit amount is less than the * corrected input tax credit amount , you have a decreasing adjustment equal to the difference between the corrected input tax credit amount and the previously attributed input tax credit amount.
If the * previously attributed input tax credit amount is less than the * corrected input tax credit amount , you have a decreasing adjustment equal to the difference between the corrected input tax credit amount and the previously attributed input tax credit amount.
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