tax invoice

What is tax invoice?

tax invoice is one of legal terms that means A document generally issued by the supplier. It shows the price of a supply, indicating whether it includes GST and, if so, must show the amount of GST. It must also show other information, including the ABN of the supplier. Tax payers must have a tax invoice before they can claim an input tax credit on their activity statement (except for purchases of $50 or less).