Document ID: chunk:federal_register_of_legislation:F2020L00046:body:0:p3
Version: federal_register_of_legislation:F2020L00046
Segment Type: other
Provision Reference: 
Character Range: 6296–10004

a tax invoice

    (1) At the time the cardholder gives its GST return/Business Activity Statement for the tax period to the Commissioner:

             (a)               the cardholder must hold a matched data file that records a transaction which includes the creditable acquisition and meets the matched data file information requirements set out in section 7

             (b)               the cardholder must meet all the requirements of section 13, and

             (c)                section 14 must not require the cardholder to hold a tax invoice in relation to the acquisition.

    (2) For the matched data file referred to in subsection 4(1), the data matching provider must:

             (a)               meet the data matching provider requirements set out in section 12, and

             (b)               where any of the matched data file information specified in paragraph 7(d) for a particular supply is provided by the cardholder to the data matching provider, the cardholder-data method must be used in accordance with section 8.

    7.                  Matched data file information requirements

    The matched data file must include:

             (a)               the date of issue of the matched data file

             (b)               the identity or ABN of the cardholder

             (c)                the name(s) of the person(s) or department(s) that uses the Visa Purchasing Card to purchase the creditable acquisition

             (d)               for the particular creditable acquisition:

                  (i)                  the date the cardholder acquired the supply

                  (ii)                the identity of the supplier

                  (iii)              the ABN of the supplier

                  (iv)              the Branch Registration Number of the supplier (where applicable)

                  (v)                a brief description of the supply or, if that is not available, a description or recognised code identifying the supplier's industry

                  (vi)              the GST payable, and

                  (vii)            the total amount paid.

    8.                  Use of the cardholder-data method for obtaining matched data file information

    To use the cardholder-data method:

             (a)               the cardholder must be a qualifying cardholder

             (b)               the particular supply recorded on the matched data file must only have been acquired and recorded by way of an electronic purchasing system, and

             (c)                the requirements in sections 9, 10 and 11 must be satisfied.

    9.                  Cardholder-data method - information supplier must provide to qualifying cardholder

    The supplier must have provided the following details to the qualifying cardholder for recording on the electronic purchasing system:

             (a)               the identity of the supplier

             (b)               the ABN of the supplier

             (c)                the Branch Registration Number of the supplier (where applicable)

             (d)               in relation to each potential supply that can be acquired via the electronic purchasing system:

                  (i)                  a brief description of the potential supply

                  (ii)                the amount of GST to be paid, and

                  (iii)              the total price to be paid.

    10.              Cardholder-data method - information supplier or cardholder must provide to data matching provider

    The supplier or the qualifying cardholder must provide the data matching provider with:

             (a)               the