Document ID: chunk:federal_register_of_legislation:F2020L01518:body:0:p2
Version: federal_register_of_legislation:F2020L01518
Segment Type: other
Provision Reference: 
Character Range: 3312–6761

1999.

         Mixed transaction supplier is a supplier who has indicated on a signed statement (referred to in section 10) that they provide taxable supplies as well as GST-free and/or input taxed supplies.

         Supplier includes an agent through whom the supplier makes a supply.

    (2) Other expressions in this determination have the same meaning as in the GST Act.

6.                  Relief from requirement to hold a tax invoice
    For the purposes of attributing an input tax credit for a creditable acquisition to a tax period, a cardholder is not required (under subsection 29-10(3) of the GST Act) to hold a tax invoice for the creditable acquisition if all the requirements in section 8 of this determination are satisfied.

7.                  Requirements for relief from holding 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 corporate card statement that records a transaction which includes the creditable acquisition and meets the corporate card statement information requirements set out in section 9;

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

             (c)                the creditable acquisition on the corporate card statement must not have an 'estimated GST amount' that was calculated under subsection 11(b).

    (2) For the corporate card statement referred to in subsection 8(1), the corporate card provider:

             (a)               must meet the accuracy requirements set out in section 12;

             (b)               must have in place an accurate method of obtaining or calculating the transaction information specified in subsection 9(d); and

             (c)                can choose to use the signed statement method in section 10 to satisfy paragraph 8(2)(b) in relation to GST payable.

8.                  Corporate card statement information requirements
    The corporate card statement must contain enough information to enable the following to be ascertained by the cardholder:

             (a)               the date of issue of the corporate card statement;

             (b)               the identity or ABN of the cardholder;

             (c)                the name(s) of the person(s) or department(s) that uses the corporate card to purchase the creditable acquisition, or in the case of fuel cards, the vehicle identifier;

             (d)               for the particular transactions containing the creditable acquisition:

                  (i)                  the date the cardholder acquired the supply;

                  (ii)                the identity of the supplier, or driver ID for a supply of taxi travel;

                  (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.

9.                  Use of signed statements for obtaining transaction information
    (1) The corporate card provider/acquirer may, in relation to a supplier, use the signed