Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 93.15

    You are not entitled to an input tax credit for a * creditable acquisition to the extent that GST on the related supply has not been taken into account in the * assessment of the supplier's * net amount for the tax period to which that GST is attributable if:

  (a)   the period of review (within the meaning of section   155 - 35 in Schedule   1 to the Taxation Administration Act 1953 ) for that assessment has ended; and

  (b)   when that period of review ended, you did not hold a * tax invoice for the creditable acquisition.