Commonwealth Consolidated Acts
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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 142.1
What this Division is about
Excess GST is not to be refunded if this would give an entity
a windfall gain .
Note: Refunding excess
GST to a supplier will give it a windfall gain if it has already passed on the
excess GST in the price of the supply (and not reimbursed the recipient).
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