A New Tax System (Goods and Services Tax) Act 1999
Note:Division 136 - Bad debts relating to transactions that are not taxable or creditable to the fullest extent
If you have an * adjustment under section 21-5 , 21-10 , 136-30 or 136-35 in relation to a supply that was partly a * taxable supply , the amount of that adjustment is reduced to the following amount:
|Full adjustment × Taxable proportion|
taxable proportion is the proportion of the * value of the supply (worked out as if it were solely a taxable supply) that the taxable supply represents.
If the amount of an adjustment under section 21-5 would be $100 but the supply was only 80% taxable, the amount of the adjustment is $80.