Tax Invoices – the oil of the GST machine

While we are on the topic of GST, here are some facts about tax invoices.

 The basic use of a tax invoice is to evidence that GST is included in the price of what is being purchased (‘supplied’ is the GST term).  If a GST registered enterprise makes a supply, the tax invoice must be supplied to the purchaser within 28 days of a request for the tax invoice by the purchaser.  Read more