Document ID: chunk:federal_register_of_legislation:C2010A00021:clause:1_13:p2
Version: federal_register_of_legislation:C2010A00021
Segment Type: clause
Provision Reference: sch 1 cl 13 (pt 2/3)
Character Range: 9611–12284

in response to or for the inducement of your acquisition of the thing; and
 (e) the payment is not *consideration for a supply from you.
 (2) The amount of the *increasing adjustment is an amount equal to the difference between:
 (a) the amount of the input tax credit to which you are entitled for your acquisition from the other entity, taking into account any other *adjustments relating to the acquisition; and
 (b) the amount of the input tax credit to which you would have been entitled for that acquisition:
 (i) if the *consideration for the acquisition had been reduced by the amount of the payer's payment to you; and
 (ii) taking into account any other adjustments relating to the acquisition, as they would have been affected (if applicable) by such a reduction in the consideration.

134‑15  Attribution of decreasing adjustments
 (1) If:
 (a) you have a *decreasing adjustment under section 134‑5; and
 (b) you do not hold a *third party adjustment note for the adjustment when you give to the Commissioner a *GST return for the tax period to which the adjustment (or any part of the adjustment) would otherwise be attributable;
then:
 (c) the adjustment (including any part of the adjustment) is not attributable to that tax period; and
 (d) the adjustment (or part) is attributable to the first tax period for which you give to the Commissioner a GST return at a time when you hold that third party adjustment note.
However, this subsection does not apply in circumstances of a kind determined by the Commissioner, by legislative instrument, to be circumstances in which the requirement for an adjustment note does not apply.
Note: For the giving of GST returns to the Commissioner, see Division 31.
 (2) This section does not apply to a *decreasing adjustment of an amount that does not exceed the amount provided for under subsection 29‑80(2).
 (3) This section has effect despite section 29‑20 (which is about attributing adjustments).

134‑20  Third party adjustment notes
 (1) A third party adjustment note for a *decreasing adjustment that you have under section 134‑5 is a document:
 (a) that is created by you; and
 (b) a copy of which is given, in the circumstances set out in subsection (2), to the entity that received the payment that gave rise to the adjustment; and
 (c) that sets out your *ABN; and
 (d) that contains such other information as the Commissioner determines in writing; and
 (e) that is in the *approved form.
However, the Commissioner may treat as a third party adjustment note a particular document that is not a third party adjustment note.
 (2) You must give the copy of the document to the entity that received the payment: