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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 136.50
Meanings of taxable at less than 1 / 11 of the price and creditable at less than 1 / 11 of the consideration
(1) A * taxable supply is taxable at less than 1 / 11 of the
price if the amount of GST payable on the supply is an amount that is less
than 1 / 11 of the * price of the supply.
(2) A * creditable acquisition is creditable at less than 1 / 11
of the consideration if the * taxable supply to which it relates is *
taxable at less than 1 / 11 of the price.
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