A New Tax System (Indirect Tax and Consequential Amendments) Act 1999 (176 of 1999)

Schedule 3   Income Tax Assessment Act 1997

Part 1   General

45   At the end of section 373-70


(3) If the *balancing adjustment event is a *taxable supply, the termination value of the item does not include an amount equal to the *GST payable on the supply.