A New Tax System (Goods and Services Tax) Regulations 1999 (repealed)

Reg 29-70.01 repealed by SLI No 206 of 2010, reg 4 and Sch 1 item 1, applicable in relation to net amounts for tax periods starting on or after 1 July 2010. Reg 29-70.01 formerly read:

29-70.01 Information that must be contained in a tax invoice (other than a recipient created tax invoice) (Act s 29-70)  
(1)
For paragraph 29-70(1)(d) of the Act, this regulation sets out the information that a tax invoice (other than a recipient created tax invoice) is to contain.

Note

In addition to the information required by this regulation to be set out in a tax invoice for a taxable supply, a tax invoice must also set out the ABN of the entity that issues it and the price for the taxable supply - see paragraphs 29-70(1)(b) and (c) of the Act.

(2)
If the total amount, including GST, payable for the supply or supplies to which the tax invoice relates is $1 000 or more, the tax invoice must contain the following information:

(a) the words " tax invoice " stated prominently;

(b) the date of issue of the tax invoice;

(c) the name of the supplier;

(d) the name of the recipient;

(e) the address or the ABN of the recipient;

(f) a brief description of each thing supplied;

(g) for each description, the quantity of the goods or the extent of the services supplied.

(3)
If the total amount, including GST, payable for the supply or supplies to which the tax invoice relates is less than $1 000, the tax invoice must contain the following information:

(a) the words " tax invoice " stated prominently;

(b) the date of issue of the tax invoice;

(c) the name of the supplier;

(d) a brief description of each thing supplied.

(4)
If the tax invoice is for 1 or more taxable supplies only, and the amount of GST payable on the supply or supplies is exactly 1/11th of the total price for the supply or supplies, the tax invoice must contain:

(a) a statement to the effect that the total amount payable includes GST for the supply or supplies; or

(b) the total amount of GST payable.

(5)
If the tax invoice is for 1 or more taxable supplies only, and the amount of GST payable on the supply or supplies is less than 1/11th of the total price for the supply or supplies, the tax invoice must contain the following information:

(a) the amount, excluding GST, payable for the taxable supply or supplies;

(b) the amount of GST payable on the taxable supply or supplies.

(6)
If the tax invoice is for 1 or more taxable supplies and any of the following supplies:

(a) a supply that is GST-free or input taxed;

(b) a supply that was made before 1 July 2000 -

the tax invoice must:

(c) clearly identify each taxable supply; and

(d) contain the following information:

(i) the total amount of GST payable;

(ii) the total amount payable.

(7)
If the total amount of GST payable for the taxable supply or supplies to which the tax invoice relates is an amount that includes a fraction of a cent:

(a) if the fraction is 0.5 cent, the amount is to be rounded up to the nearest whole cent; and

(b) in any other case, the amount is to be rounded to the nearest whole cent.