(1) You have an increasing adjustment if:
(a) you made a * creditable acquisition or * creditable importation of goods; and
(b) the acquisition or importation was solely for a * creditable purpose; and
(c) you * apply the goods solely to private or domestic use.
(2) The amount of the increasing adjustment is an amount equal to the amount of the input tax credit to which you were entitled for the acquisition or importation, taking account of any * adjustments for the acquisition or importation.
(3) However, this section does not apply if you have previously had an adjustment under Division 129 for the acquisition or importation.
Table of Subdivisions
131-A Electing to have annual apportionment
131-B Consequences of electing to have annual apportionment