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Correcting GST errors and making adjustments on your business activity statements
Posted by Team AVS on 31 Aug, 2017 0 CommentsIf you identify a goods and services tax (GST) error for a previous period or on an already lodged business activity statement (BAS), there is always scope to make a correction.
The ATO has realised that it is necessary for businesses to be able to make these adjustments, which can easily come about because of a change of circumstances or facts.