Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 84.25

  (1)   This section applies if a supply that is a * taxable supply because of section   84 - 5 is:

  (a)   a supply from the * recipient's * associate without * consideration; and

  (b)   not * connected with the indirect tax zone.

Note:   If the supply is connected with the indirect tax zone, see sections   72 - 15 and 72 - 50 for the tax periods.

  (2)   The tax period to which the GST on the supply, and the input tax credit on the acquisition, is attributable is the tax period in which the thing supplied starts to be done.

  (3)   This section has effect despite:

  (a)   sections   29 - 5 and 72 - 15 (about attributing GST to tax periods); and

  (b)   sections   29 - 10 and 72 - 50 (about attributing input tax credits to tax periods).