Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the tax invoice requirements for leases?

April 26, 2017invoice leases requirements tax

0

Posted

What are the tax invoice requirements for leases?

1 Answer

0

Posted

Goods and services tax ruling GSTR 2000/17 provides guidelines on tax invoice requirements. A single document can be a tax invoice for a supply if it satisfies the requirements of subsection 29-70(1) of the GST Act, and it shows the price of the supply. A lease agreement document may be used as a tax invoice to the extent that the requirements of GST law are satisfied.