Indirect Tax Legislation Amendment Act 2000 (92 of 2000)
Schedule 8 Insurance
A New Tax System (Goods and Services Tax Transition) Act 1999
6 After subsection 23(1)
Insert:
(1A) If, because of subsection (1), you are not entitled to an input tax credit for an acquisition you make, section 29-70 of the GST Act (which is about tax invoices) does not apply in relation to the supply to which the acquisition relates.
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