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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 72.25
Supplies that would otherwise be GST - free, input taxed or financial supplies
The fact that a supply to or from your * associate is without *
consideration does not stop the supply from being any of the following for the
purposes of the * GST law:
(a) a * GST - free supply;
(b) a supply that is * input taxed;
(c) a * financial supply.
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