I think this would be better to ask a tax agent or BAS agent or ATO's technical advice
I think you were meant to treat it as if you got a loan from the seller, bought the equipment using that loan, claim GST at the start and your repayments don't have GST as it's for repaying a loan from the seller (interest charged should still be an expense)
As for correcting, you can correct mistakes in the original BAS or next BAS. And it's corrected within 4 years of the mistake
- https://www.ato.gov.au/businesses-and-organisations/preparing-lodging-and-paying/business-activity-statements-bas/fixing-bas-mistakes-or-making-adjustments#ato-Howtofixamistake
- https://www.ato.gov.au/businesses-and-organisations/gst-excise-and-indirect-taxes/gst/in-detail/managing-gst-in-your-business/reporting-paying-and-activity-statements/correcting-gst-errors/types-of-gst-errors#Debit_error
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