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Goods and Services Tax Act 1985

Returns and payment of tax - Supply information and supply correction information

19Q: References to tax invoice, credit note, and debit note

You could also call this:

"What tax invoices, credit notes, and debit notes mean in documents"

Illustration for Goods and Services Tax Act 1985

When you read a document that mentions a tax invoice, it also means it is talking about information about taxable supplies, but only as much as is needed to make sense of the document. If a document talks about a credit note or a debit note, it is also referring to information that corrects supply details, but again only as much as is needed to make sense of the document. You should understand that a buyer-created tax invoice is also talking about information about taxable supplies, as described in section 19K(4), but only as much as is needed to make sense of the document.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS849300.

Topics:
Money and consumer rights > Taxes
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Part 3Returns and payment of tax
Supply information and supply correction information

19QReferences to tax invoice, credit note, and debit note

  1. A reference in a document to a tax invoice is to be read as including a reference to taxable supply information to the extent necessary to reflect sensibly the intent of the document.

  2. A reference in a document to a credit note is to be read as including a reference to supply correction information to the extent necessary to reflect sensibly the intent of the document.

  3. A reference in a document to a debit note is to be read as including a reference to supply correction information to the extent necessary to reflect sensibly the intent of the document.

  4. A reference in a document to a buyer-created tax invoice is to be read as including a reference to taxable supply information as described in section 19K(4), to the extent necessary to reflect sensibly the intent of the document.

Notes
  • Section 19Q: inserted, on , by section 19(1) (and see section 19(2) for application) of the Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Act 2022 (2022 No 10).