A New Tax System (Goods and Services Tax): Waiver of Tax Invoice Requirement (Acquisitions from Property Managers) Determination 2023
6Waiver of the requirement to hold a tax invoice
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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 a creditable acquisition of a thing by way of a supply that was made through the supplier’s property manager; and (b) 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: (i) the recipient holds a document for the creditable acquisition that was issued by the supplier’s property manager; and (ii) that document meets the requirements set out in section 7.