Thursday, 17th August 2017
2:58:am in Sydney
26
August
2013

Public Ruling on adjustment notes revised

Monday, 26 August 2013

On 21 August 2013, the Australian Taxation Office withdrew its original Public Ruling on adjustment notes, called GSTR 2000/1, and issued a revised Public Ruling on this topic. Adjustment notes are relevant when a supply (effective, a sale) is cancelled, the price is changed or changes occur to the extent to which the supply is taxable or creditable. To claim a reduced GST liability resulting from such an event, it is necessary to hold an adjustment note as supporting evidence. The new Public Ruling can be accessed here.

 

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