Document ID: chunk:federal_register_of_legislation:C2025C00126:clause:3_16:p23
Version: federal_register_of_legislation:C2025C00126
Segment Type: clause
Provision Reference: sch 3 cl 16 (pt 23/58)
Character Range: 696732–699270

indirect tax zone, or that the Commissioner is so required.
 (2) The amount of the *decreasing adjustment is an amount equal to the difference between:
 (a) either:
 (i) if your supply to the other entity was a *taxable supply—the amount of GST payable on the supply; or
 (ii) if your supply to the other entity would have been a taxable supply but for a reason to which subsection (3) applies—the amount of GST that would have been payable on the supply had it been a taxable supply;
  taking into account any other *adjustments that arose, or would have arisen, relating to the supply; and
 (b) the amount of GST that would have been payable, or would (but for a reason to which subsection (3) applies) have been payable, for that supply:
 (i) if the *consideration for the supply had been reduced by the amount of your payment to the payee; and
 (ii) taking into account any other adjustments that arose, or would have arisen, relating to the supply, as they would have been affected (if applicable) by such a reduction in the consideration.
 (3) This subsection applies to the following reasons why your supply of the thing to the other entity was not a *taxable supply:
 (a) you and the other entity are *members of the same *GST group;
 (b) you and the other entity are members of the same *GST religious group;
 (c) you are the *joint venture operator for a *GST joint venture, and the other entity is a *participant in the GST joint venture.
 (4) However:
 (a) paragraph (3)(a) does not apply if you and the payee are *members of the same *GST group when the payment referred to in paragraph (1)(a) is made; and
 (b) paragraph (3)(b) does not apply if you and the payee are members of the same *GST religious group when that payment is made.

134‑10  Increasing adjustments for payments received by third parties
 (1) You have an increasing adjustment if:
 (a) you receive a payment from an entity (the payer) that supplied a thing that you acquire from another entity (whether or not that other entity acquired the thing from the payer); and
 (b) your acquisition of the thing from the other entity:
 (i) was a *creditable acquisition; or
 (ii) would have been a creditable acquisition but for a reason to which subsection (3) applies; and
 (c) the payment is in one or more of the following forms:
 (i) a payment of *money or *digital currency;
 (ii) an offset of an amount of money or digital currency that you owe to the payer;
 (iii) a crediting of an amount of money or digital currency to an account that you hold; and
 (d)