stop issuing RCTIs if any of the requirements for issuing RCTIs are no longer met.reasonably comply with your obligations under the tax laws.retain the original or a copy of the RCTI.date the value of the sale is determined by you.issue the original or a copy of your RCTI to the supplier within 28 days of one of the following dates:.If GST is payable, it must also show that it's payable by the supplier. It must also show the suppliers and purchaser's ABN. To be valid, an RCTI must contain enough information to clearly determine the requirements of tax invoices and show the document is intended to be a recipient-created tax invoice, not a standard tax invoice. See GSTR 2000/10 Goods and services tax: recipient created tax invoices for more information about RCTIs. Use the Recipient-created tax invoices form as a template for creating RCTIs, or as a reference for information you need to create your own RCTI. Your written agreement can either be a separate document specifying the sales, or you can embed this information or specific terms in the tax invoice. The determination also outlines requirements that you must include in the written agreement between you and the supplier. Use the Recipient Created Tax Invoice Determination 2023 to find out what goods and services you can issue an RCTI for.
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