Indirect Tax Legislation Amendment Act 2000 (92 of 2000)

Schedule 11   Other amendments

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

4B   At the end of section 9-80


(2) The value of the actual supply, for the purposes of subsection (1), is as follows:

(Price of the actual supply * 10) / (10 + Taxable proportion)


taxable proportion is the proportion of the value of the actual supply that represents the value of the *taxable supply (expressed as a number between 0 and 1).