Tax Laws Amendment (Small Business Measures) Act 2004 (134 of 2004)
Schedule 2 Annual apportionment of creditable purpose
A New Tax System (Goods and Services Tax) Act 1999
16 At the end of section 136-10
Add:
(3) However, this section does not apply to an *adjustment that you have in relation to a *creditable acquisition if:
(a) the amount of the input tax credit for the acquisition is worked out under Division 131; and
(b) the adjustment is attributable to a tax period that is not later than the tax period to which an adjustment under section 131-55 relating to the acquisition is attributable.
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