Check out the info on Recipient -created tax invoices (https://www.ato.gov.au/businesses-and-organisations/gst-excise-and-indirect-taxes/gst/in-detail/your-industry/scrap-metal/gst-and-scrap-metal-code-of-compliance#ato-Recipientcreatedtaxinvoices) - Both the buyer and seller must possess a valid ABN and be registered for GST when the RCTI is issued. - The buyer must receive approval from us to issue RCTIs. - The RCTI must be issued within 28 days of determining the value of the goods. An RCTI must not be issued if a supplier quotes an ABN but is not registered for GST. For suppliers not registered for GST, a standard invoice should be issued. It should clearly indicate 'NO GST'.

RCTI invoices | ATO Community

DL111

(Newbie)Newbie

26 Aug 2024

Seeking some assistance as a company that issues invoices on behalf of our suppliers in the service industry, we want to ensure compliance and effective use of RCTIs.

Supplier Without GST Registration:
- How can we handle RCTIs when the supplier is not GST registered? Either because they are earning less than $75K or because the supplier has not registered for GST despite being over the threshold.
Invoice format? Will the standard tax invoice format suffice?
Any other considerations related to RCTI's would be appreciated.

Thank you

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SandraATO

(Community Support)Community Support

28 Aug 2024

Hi @DL111,

Check out the info on Recipient -created tax invoices

Both the buyer and seller must possess a valid ABN and be registered for GST when the RCTI is issued.
The buyer must receive approval from us to issue RCTIs.
The RCTI must be issued within 28 days of determining the value of the goods.

An RCTI must not be issued if a supplier quotes an ABN but is not registered for GST.

For suppliers not registered for GST, a standard invoice should be issued. It should clearly indicate 'NO GST'.

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