Wednesday, 16th January 2019
2:05:pm in Sydney

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.


Comments (0)

Leave a comment

You are commenting as guest.