A New Tax System (Goods and Services Tax) Act 1999
An importation that you make is partly creditable if it is a * creditable importation that you make only partly for a * creditable purpose . (2)
(Repealed by No 176 of 1999)
The amount of the input tax credit on an importation that you make that is * partly creditable is as follows:
Full input tax credit × Extent of creditable purpose
The Commissioner may determine, in writing, one or more ways in which to work out, for the purpose of subsection (3), the extent to which an importation is for a * creditable purpose .
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