Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 72.10

The value of taxable supplies without consideration

             (1)  If a supply to your * associate without * consideration is a * taxable supply, its value is the * GST exclusive market value of the supply.

             (2)  This section has effect despite section 9-75 (which is about the value of taxable supplies).

             (3)  This section does not apply to a supply that is a * taxable supply because of section 84-5 (which is about offshore supplies).



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