Commonwealth Consolidated Acts

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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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