Chapter 8: Invoice requirements for Electronic Data Interchange (EDI)
EDI is the transmission of data and information between businesses electronically in a computer-readable format. Business use EDI for a variety of applications including the transmission of purchases, sales, inventory, billing and payment information.
What are the invoice requirements for business to business EDI?
Non-interpretative - straight application of the law
Where an enterprise makes a taxable supply, section 29-70 of the GST Act requires that a tax invoice be issued where requested by the recipient of the supply. Section 29-80 of the GST Act provides that tax invoices are not required for transactions where the price of the supply does not exceed $82.50 (GST-inclusive).
Section 2B of the Acts Interpretation Act 1901 defines the term 'document' to include anything from which sounds, images or writings can be reproduced with or without the aid of anything else. A document may therefore be in electronic form.
Therefore, where an invoice is transmitted in electronic form and meets the requirements of section 29-70 of the GST Act, it is considered a tax invoice.
For more information:
End of further information
- TR 2005/9External Link - Income tax: record keeping - electronic records
- GSTD 2005/2External Link - Goods and services tax is an invoice that is posted on a website ‘issued’ for the purposes of Division 29 of the A New Tax System (Goods and Services Tax) Act 1999?
- A New Tax System (Goods and Services) Act 1999, in particular
- Section 29-70
- Section 29-80.