A New Tax System (Goods and Services Tax) Act 1999

Chapter 4 - The special rules  

Part 4-2 - Special rules mainly about supplies and acquisitions  


The special rules in this Part mainly modify the operation of Part 2-2 , but they may affect other Parts of Chapter 2 in minor ways.

Division 113 - PAYG voluntary agreements  

113-1   What this Division is about  

A supply is not a taxable supply if:

  • (a) an amount must be withheld from payment for the supply because of section 12-55 in Schedule 1 to the Taxation Administration Act 1953 (about voluntary agreements to withhold); and
  • (b) the acquisition of the thing supplied would be a creditable acquisition if the supply were a taxable supply.

  • This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.