Document ID: chunk:federal_register_of_legislation:F2023L00326:clause:1_6
Version: federal_register_of_legislation:F2023L00326
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 2707–3974

6  Waiver of the requirement to hold a tax invoice
 (1) For the purposes of attributing an input tax credit for a creditable acquisition of taxi travel to a tax period, a recipient is not required to hold a tax invoice under subsection 29-10(3) of the Act if subsections (2) and (3) apply.
 (2) 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) on the acquisition would otherwise be attributable:
            (a) the recipient holds a document for the acquisition of taxi travel that was issued by the supplier to the recipient; or
            (b) the recipient holds a document for the acquisition of taxi travel that was issued by the supplier to an employee, associate, agent, officer or partner of the recipient, in circumstances where the recipient reimburses the employee, associate, agent, officer or partner for taxi travel incurred that:
               (i) is related directly to their activities as the recipient's employee, agent, officer or partner; or
               (ii) constitutes an expense payment benefit to an employee or associate.
 (3) The document referred to in paragraphs (2)(a) and (2)(b) must meet the requirements set out in section 7.