A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

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

Chapter 2 - The basic rules  

Part 2-2 - Supplies and acquisitions  

Division 11 - Creditable acquisitions  

11-5  What is a creditable acquisition?  


You make a creditable acquisition if:


(a) you acquire anything solely or partly for a *creditable purpose; and


(b) the supply of the thing to you is a *taxable supply; and


(c) you provide, or are liable to provide, *consideration for the supply; and


(d) you are *registered, or *required to be registered.

 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page