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

Chapter 2 - The basic rules  

Part 2-4 - Net amounts and adjustments  

Division 17 - Net amounts and adjustments  

17-1   What this Division is about  

A net amount is worked out for each tax period that applies to you.

Adjustments can be made to the net amount. Increasing adjustments increase your net amount, and decreasing adjustments decrease your net amount.


GST on taxable importations is not included in the net amount. It is dealt with separately under section 33-15 .

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