Document ID: chunk:federal_register_of_legislation:C2018C00085:clause:7_5
Version: federal_register_of_legislation:C2018C00085
Segment Type: clause
Provision Reference: sch 7 cl 5
Character Range: 132004–132622

5  Section 93‑15
Repeal the section, substitute:

93‑15  GST no longer able to be taken into account
  You are not entitled to an input tax credit for a *creditable acquisition to the extent that GST on the related supply has not been taken into account in the *assessment of the supplier's *net amount for the tax period to which that GST is attributable if:
 (a) the period of review (within the meaning of section 155‑35 in Schedule 1 to the Taxation Administration Act 1953) for that assessment has ended; and
 (b) when that period of review ended, you did not hold a *tax invoice for the creditable acquisition.