Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 21.10

    You have an increasing adjustment if:

  (a)   you made a * taxable supply in relation to which you had a * decreasing adjustment under section   21 - 5 for a debt; and

  (b)   you recover the whole or a part of the amount written off, or the whole or a part of the amount that has been * overdue for 12 months or more, as the case requires.

The amount of the increasing adjustment is 1 / 11 of the amount recovered.