Adjustment Note definition

Adjustment Note has the meaning given in the GST Legislation;
Adjustment Note includes any document or record treated by the Commissioner of Taxation as an adjustment note or as enabling the claiming of an input tax credit for which an entitlement otherwise arises.
Adjustment Note. “Recipient, “Supply”, “Tax Invoice” and “Taxable Supply” have the meanings given to those terms in the GST Law.

Examples of Adjustment Note in a sentence

  • The recipient must make that payment to the supplier as and when the consideration or part of it is provided, except that the recipient need not pay unless the recipient has received a Tax Invoice (or an Adjustment Note) for that taxable supply.


More Definitions of Adjustment Note

Adjustment Note has the meaning given in section 195-1 of the GST Act. ‘Agreement’ means this document, which is in the form of a deed, as varied or extended by the Parties from time to time in accordance with this Agreement, and includes all Annexures, the Schedule and other documents incorporated by reference, including any Guidelines, but excluding any attachments. ‘Agreement Commencement Date’ means the later of: 1 July 2018; or the date on which this Agreement is signed by the Department.
Adjustment Note has the meaning given by the GST Law. Agreement means the agreement comprised of:‌
Adjustment Note. “Consideration”, “GST”, “GST Group”, “Input Tax Credit”, “Invoice”, “Tax Invoice” and “Taxable Supply” have the meanings given by the GST Law.
Adjustment Note has the meaning given by the GST Law. Affiliate means, in relation to a body corporate, each of:
Adjustment Note is defined in Section 1.4(g).
Adjustment Note means a document issued upon the occurrence of an Adjustment Event as defined by the GST Act in a form which complies with the requirements of the GST Act including any ruling or determination issued in respect of the Act, such requirements being specified by APL to the Company;
Adjustment Note. “GST”, “Input Tax Credit”, “Recipient”, “Supply” and “Tax Invoice” have the meanings given to those terms in the A New Tax System (Goods and Services Tax) Xxx 0000 (Cth). The term “Supplier” means a party that makes a Supply. Part F - Term and Termination 20 Term