A New Tax System (Goods and Services Tax) Act 1999
Note:Division 100 - Vouchers
The act of redeeming a * voucher is not a supply.
A supply for which the voucher is redeemed is still a supply.(2)
Subsection (1) has effect despite section 9-10 (which is about what is a supply). (3)
Subsection 9-17(1) (which is about the consideration for exercising rights or options) does not apply to a right or option that is granted by way of a * voucher if, on redemption of the voucher, the holder of the voucher is entitled to supplies up to the *stated monetary value of the voucher.
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