Document ID: chunk:federal_register_of_legislation:F2024L01121:clause:1_6
Version: federal_register_of_legislation:F2024L01121
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 3016–3885

6  Waiver of 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 a creditable acquisition of a motor vehicle from a motor vehicle dealer;
            (b) the motor vehicle dealer receives or is entitled to receive a motor vehicle incentive payment for the supply of the motor vehicle to the recipient, in addition to the consideration payable by the recipient; 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, the recipient holds a document that meets the requirements in section 7.