CTHRepealedLegislation
A New Tax System (Goods and Services Tax) Act 1999 Waiver of Tax Invoice Requirement Determination (No. 3) 2001 - Direct Entry Services
Situation where a tax invoice is still rSituation where a tax invoice is still required
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Situation where a tax invoice is still required
- The entity will still need to obtain a tax invoice before attributing an input tax credit to a tax period for a supply of Direct Entry Services where there is an error on the statement in relation to the supply.
Attribution of Input Tax Credits
- Where an entity complies with the requirements listed in clause 4, an input tax credit will be attributable to the tax period in which they hold the statement mentioned in clause 4(a).
Definitions
- The following expressions are defined for the purpose of this determination:
Australian ADI has the meaning given by section 9 of the Corporations Law;
Direct Entry Services means the processing of an entity's direct credit and direct debit files by an Australian ADI
- Other expressions in this determination have the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999
Dated this 23rd day of July 2001
Signed by Anthony Long
Assistant Commissioner
GST (Financial Supplies)
Delegate of the Commissioner