A New Tax System (Goods and Services Tax) Act 1999
The special rules in this Part mainly modify the operation of Part 2-6 , but they may affect other Parts of Chapter 2 in minor ways.Division 153 - Agents etc. and insurance brokers
(a) you are entitled to the input tax credit for a * creditable acquisition made through an agent; and
(b) neither you nor your agent holds a * tax invoice for the acquisition when you give to the Commissioner a * GST return for the tax period to which the input tax credit on the acquisition would otherwise be attributable;
(c) the input tax credit (including any part of the input tax credit) is not attributable to that tax period; and
(d) the input tax credit (or the part of the input tax credit) is attributable to the first tax period for which you give to the Commissioner a GST return at a time when you or your agent holds that tax invoice. (2)
This section has effect despite subsection 29-10(3) (which is about the requirement to hold a tax invoice).
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