Tax disclosure requirement: invoices must show the tax amount as part of the price for taxable supplies. Where a supply is made for consideration and a person is liable to pay tax, the statute requires that the amount of tax that forms part of the price be prominently indicated in all documents relating to assessment, tax invoices and other like documents, imposing a mandatory disclosure duty to show the tax element separately as part of the transaction price.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax disclosure requirement: invoices must show the tax amount as part of the price for taxable supplies.
Where a supply is made for consideration and a person is liable to pay tax, the statute requires that the amount of tax that forms part of the price be prominently indicated in all documents relating to assessment, tax invoices and other like documents, imposing a mandatory disclosure duty to show the tax element separately as part of the transaction price.
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