Document ID: chunk:federal_register_of_legislation:F2023L00339:clause:1_6
Version: federal_register_of_legislation:F2023L00339
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 2846–3829

6  Waiver of the requirement to hold a tax invoice
  For the purposes of attributing an input tax credit for a creditable acquisition to a tax period, a recipient is not required to hold a tax invoice under subsection 29‑10(3) of the Act if:
            (a) the recipient makes an acquisition through their agent, insurance or reinsurance broker, or by way of a supply made through the supplier's agent;
            (b) the acquisition is not covered by Division 111 of the Act; and
            (c) at the time the recipient gives a GST return to the Commissioner for the tax period to which the input tax credit (or any part of the input tax credit) for the acquisition would otherwise be attributable:
               (i) the recipient or their agent holds a document for the creditable acquisition that was issued by the supplier, the supplier's agent, or the recipient's insurance or reinsurance broker; and
               (ii) that document meets the requirements in section 7.