Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX TRANSITION) ACT 1999 - SECT 15H

  (1)   If the GST on a taxable supply is payable by the recipient of the supply because of this Division:

  (a)   the supplier is not required to issue a tax invoice for the supply; and

  (b)   the supplier is not required to issue an adjustment note for an adjustment that arises from an adjustment event relating to the taxable supply.

  (2)   Subsection   ( 1) has effect despite sections   29 - 70 and 29 - 75 of the GST Act (which are about the requirement to issue tax invoices and adjustment notes).

  (3)   If the GST on a taxable supply is payable by the recipient of the supply because of this Division, subsection   29 - 10(3) of the GST Act (which is about attributing input tax credits) does not apply to the creditable acquisition constituted by that taxable supply.

  (4)   If the GST on a taxable supply is payable by the recipient of the supply because of this Division, subsection   29 - 20(3) of the GST Act (which is about attributing adjustments) does not apply to an adjustment that arises from an adjustment event relating to the taxable supply.